Employees strike at Pou Chen factory
Thousands of employees have gone on strike at a factory in southern Vietnam belonging to the footwear manufacturer, which supplies brands such as Nike and Adidas.
Read More...Thousands of employees have gone on strike at a factory in southern Vietnam belonging to the footwear manufacturer, which supplies brands such as Nike and Adidas.
Read More...Footwear manufacturer and leading contractor to international brands such as Adidas and Nike, Taiwan’s Pou Chen Corp has suspended operations at its plant in Ho Chi Minh City on account of a Covid-19 outbreak in Vietnam’s business hub as of July 14, 2021. Shares in Pou Chen closed down 1.3% on the same day the announcement was made.
Read More...Shoe manufacturers and leading contractors to international brands such as Adidas and Nike are moving their production to Vietnam as China’s rising employment costs pull down profits.
Read More...Media reports in Myanmar (formerly known as Burma) have quoted Pou Chen Group Chief Executive, Patty Tsai, as saying the company is preparing to build a new footwear factory in Myanmar, with production scheduled to begin by the end of 2015.
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