adv-06 adv-06

Clothing companies in Vietnam facing difficult time


vietnamClothing companies in Vietnam are finding it difficult to meet customer demands amid strict lockdowns in the country as COVID-19 continues to spread. As per an Axios report, Vietnam manufactures garments for many American clothing brands. Increasing virus spread is making it difficult to get the required stock to keep up with demand for clothes now that restrictions have been lifted in the US. Manufacturer’s biggest concerns currently is getting the inventory, says Richard Hayne, CEO, Urban Outfitters in a Yahoo report. Some of the biggest brands in the US get most of their goods from Vietnam, according to data from Bank of America. Gap and Lululemon Athletica each source about a third of their production from Vietnam. Nike sources 51 per cent of its footwear and 30 per cent of its apparel from the country, the report by Axios.