Adidas faces supply chain and China headwinds: S&P Global Reggie Wade
Sportswear giant Adidas (ADDYY) posted strong Q1 earnings, which saw the brand increase its overall currency-neutral revenues by 27% and its footwear sales by 31%. The German sportswear maker has now upgraded its full-year outlook with expectations that sales will now grow at a high-teens rate in 2021. However, there are still some causes for concern regarding supply chain management, which has bogged down some of the biggest sportswear retailers as of late, according to Christopher Rogers, Senior researcher at Panjiva, the supply chain research unit of S&P Global Market Intelligence.
Retail Trade Group Targets Counterfeit Marketing on Social Media yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
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U.S. corporations that recently criticized Georgia’s election reform bill have been tied to factories in China with poor conditions for workers and forced Uyghur labor.
Corporate America quickly condemned and chastised Georgia over its recently-passed voting legislation suggesting the bill “undermin[es]” American democracy, and some going as far as moving business away from the state in response. Additionally, hundreds of corporations, celebrities and executives announced their unified opposition against any “discriminatory legislation” that “prevent[s] any eligible voter from having an equal and fair opportunity to cast a ballot.”
Still, many of these same corporations that have dedicated themselves to the cause of condemning human rights violations are simultaneously connected with factories in China with substandard conditions for workers, limited protections of worker rights, and in some cases, forced labor.
Label Academy Hosts Successful Third Virtual Master Class Label Academy, the global training provider for the label and package printing industry, recently hosted its third virtual master classes, this time covering brand protection and anti-counterfeiting. April 20, 2021
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Label Academy, the global training provider for the label and package printing industry, recently hosted its third virtual master classes, this time covering brand protection and anti-counterfeiting. The online event boasted a high-profile panel of eleven expert speakers from across the brand protection segment and label and package printing industry.