Original title: many contract factories in Vietnam have stopped production of Adidas.The price will rise and some brands will move back to China. Source: Xiaoyang Video
With the recent deterioration of the COVID-19 epidemic in Vietnam and the closure of a large number of contract factories, Adidas said it was considering a price increase because production disruptions could not fully meet strong demand. In order to reduce the supply risk caused by the epidemic, the US footwear supplier Wolflin Group has transferred some of its production capacity back to China this year.