adidas May Shift Production Focus From China to Vietnam

As Reuters reports, Adidas' chief executive is forecasting a major switch-up on the production end of the company. Specifically, "sourcing of footwear" is expected to be redirected from China to Vietnam. According to CEO Kasper Rorsted, Vietnamese facilities "produced 44 percent of Adidas footwear volume in 2017," which was up from 31 percent in 2012; Chinese outlets only produced 19 percent, "down from more than 30 percent in 2012." Rorsted also didn't appear to be too worried about potential U...