January 27, 2020 Impact of Coronavirus on China Retail Bears Watching
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). Chinese Counterfeits Targeted by DHS
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. Industry Calls to Remedy Cambodian Labor Issues
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. Etcetera: Scheels, Foot Locker, Gap, Musto
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