January 27, 2020
With the pandemic centered in the world’s second largest sneaker market and the retail sector among many that are likely to be affected, the consequences for major sneaker brands in their most profitable market are likely to be felt in Q1 results.
The NBA basketball legend was one of the few athletes who was a marquee endorser for another brand and was later embraced by Nike (Serena Williams with Puma being the other).
The Department of Homeland Security released a new report, Combating Trafficking in Counterfeit and Pirated Goods, where it maps out a number of recommendations for combating the flood of counterfeit goods coming from China.
Twenty-three apparel companies and trade associations sent a letter to Cambodia’s prime minister urging its government to take action to resolve the ongoing disputes between factories and garment workers there.