Vietnam’s Factory Closures Will Hit Apparel And Footwear Supplies In 2022

While supply chain disruptions are impacting all industries, the recent closure of factories in southern Vietnam have become a particular roadblock for many in the apparel and footwear sector.

Vietnam has grown in recent years to become the second biggest supplier of apparel and footwear to the U.S. after China. Among those with high exposure, more than half of Nike’s footwear manufacturing and a third of its apparel is sourced from Vietnam, while Gap and Lululemon each source roughly a third of products from the country. Read more at RetailWire.