New Balance Sourcing Exec Talks Bottlenecks, Reshoring, Inflation – Sourcing Journal – Sourcing Journal
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Though New Balance’s pandemic-related supply problems have largely stabilized, a senior sourcing executive believes logistics-related bottlenecks will continue through 2024. New Balance—like Nike, Puma, Under Armour and most of its sneaker competitors—suddenly saw its supply from Vietnam plummet last summer as Covid-induced lockdowns in and around Ho Chi Minh City forced factories to shutter production…
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