AUDIE LAYARDA WRITES — In December 2020, word of forced labor, among other atrocities, in Xinjiang, China, surfaced. While forced labor in China isn’t new, the fact that the Xinjiang region supplies 20% of the world’s cotton pressured powerful figures to make statements. Amid allegations of torture and rape, the…
Tag: Adidas
SNEAK ATTACK: ADIDAS GETS ANOTHER JUMP ON ITS COMPETITION IN ASIA
ANNALISA DEL VECCHIO WRITES – With the Asian market in mind, Adidas shut down its footwear factories in Germany (Ansbach) and the United States (Atlanta) and has opened two new “Speed Factories” in Shanghai, China and Ho Chi Minh City,Vietnam. Adidas is the largest footwear company in Europe and the second-largest…
Hong Kong: AMID ALL THE STREET CHAOS, A STEADY BUSINESS AMID THE SNEAKER-HEAD COMMUNITY
DANIEL ZAND WRITES– High priced athletic shoes have driven “sneakerheads” — shoe enthusiasts who collect and trade the products, particularly in basketball and skateboarding—to fake (as in knock-off) sneakers. The demand for them is booming, as the makers of brands like Nike and Adidas are well aware. Chan, a seller of fake sneakers in…