INDONESIA: Adidas to source $140 million in clothing & sporting equipment

JAKARTA: German sporting goods maker Adidas-Saloman AG will source $140 million in clothing and sporting equipment from Indonesia-based foreign firms.

"Adidas is set to order 14 million pieces of apparel and other sport equipment from various producers in the country," the report quotes Minister of Trade Marie Elka Pangestu as saying.

Pangestu says Adidas is also planning to relocate 20% of its China-based production capacity to Vietnam and Indonesia.

The report doesn't say when Adidas will begin the relocation, or explain why the company is reducing its China-based operations.


Send your News/Releases for publication to [email protected]
Added: August 29, 2005 Source: Agencies
Start script - 1548275106.3485 Start news id check - 1548275106.3485 After news id check - 1548275106.3488 After cookie_code - 1548275107.8853 Before news detail - 1548275107.8853 After news detail - 1548275107.8861 Start cat select - 1548275107.8861 After cat select - 1548275107.8863 before preg replace - 1548275107.8863 After preg replace - 1548275107.8864 Before tag engine - 1548275107.8864 After tag engine - 1548275107.8917 Before mptt engine - 1548275107.8917 After mptt engine - 1548275107.8917 Before related engine - 1548275107.8917 After related engine - 1548275107.9016 Before update hits - 1548275107.9016 After update hits - 1548275107.9018 After update news_hits - 1548275107.903 After mem_only_views - 1548275107.903 -------------------------------------------------- Total Exec time:- 1.5546000003815
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2019. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 23-01-2019