After thousands of workers went on strike earlier this month at Yue Yuen in Dongguan, one of China's largest sports shoe manufacturers and supplier to international brands like Adidas, Puma, Asics and Nike, the company has now put a figure on strike costs: a whopping 58 million US dollars. And that may be a conservative estimate, which could...
Apr 29, 2014
Tens of thousands of Chinese workers of Yue Yuen in Dongguan, one of the country’s largest sports shoe manufacturers and supplier to international brands like Adidas, Puma, Asics and Nike, continue to strike for welfare payments. Even the threat of layoffs could not deter the approximately 50,000 striking workers. A spokesperson for Adidas...
Apr 18, 2014
