Nike, Adidas Sales in China Dwindle as Xinjiang Boycott Continues--Increase in Mainland Shoppers Now at All-Time High
Western brands, Nike and Adidas saw a principal decrease in sales in China. The sudden decline in the marketability of the sportswear companies was borne out of the Chinese consumer's call to boycott them after they accused the Xinjiang region of producing cotton by forcing the Uyghur people into labor. German researcher Adrian Zens has claimed that slavery exists in the autonomous region. The satellite imagery shows that the textile factories are placed near the "re-education sites." However, Beijing kept on refuting the claims after stating that the "move" was a part to alleviate poverty in...
Source: techtimes.com