NICARAGUA: Nike and Adidas expand supplier base
Adidas sportswear supplier Augusta Manufacturing is investing $5m at its factory in Nicaragua to create 500 jobs by the end of this year, and expects to double its workforce in 2012.
The US-based manufacturer has been established in Nicaragua's free zone sector since November 2011, and has been selected to produce Adidas basketball shorts. It also makes garments for brands such as Kenneth Cole, Quicksilver, Roxy, DKNY and Calvin Klein in other countries.
Nike products are also being produced in Nicaragua by New Holland Apparel, a US company operating under the free zone sector, according to ProNicaragua, the country's industrial development authority.
According to Javier Chamorro Rubiales, executive director of ProNicaragua, both Adidas and Nike are looking at further expanding their supplier base in the country.
The latest figures from the US Commerce Department show Nicaraguan garment exports to the US from January to September this year increased 20% percent in terms of volume and 37.3% in terms of value, reaching 314 square metre equivalents (SMEs) and US$1,006m, respectively.
ProNicaragua says this makes Nicaragua the country in Central America with the highest growth in apparel exports (in volume) to the US compared to the same period last year.
An interactive databank with intelligence on the major apparel sourcing countries
While the most common selling points for apparel used to be that that they would keep you warm (or cool) - and look good at the same time - rapid advancements in technology have been creating a whole ...
Audit fatigue among many clothing suppliers has prompted firms like Nike and Levi Strauss to adopt new strategies for driving standards among manufacturers. This is just one of the responses to what M...
Just-style attended the Retail Week Supply Chain Summit, which brought together a number of key supply chain executives to consider some of the greatest challenges facing the sector. Here are some of ...
Sporting goods giant Nike Inc says it is "changing the rules of the game" with a new factory rating system that puts labour and sustainability standards to the fore when it comes to choosing - and los...
Kenneth Cole Productions is set to be taken private by founder Kenneth Cole after the company's board approved a US$15.25 per share offer yesterday (6 June)....
Brooks Brothers and Reliance Brands have announced the formation of a joint venture in India. ...
Eddie Bauer today (5 June) named Michael Egeck as president and CEO of the company, replacing interim CEO David Chamberlain who will remain a member of the company's board....
Nike has announced that Hurley founder and chairman Bob Hurley will become interim CEO of the sportswear brand, replacing Michael Egeck, who has decided to leave the company. ...
- Will Amazon take over the US apparel market?
- US groups seek workable apparel provisions in TPP
- VF Corp confirms interest in Africa sourcing
- Pakistan textile mills fear rash of closures
- Factory funding gap has mixed impact in Myanmar
- VF Corp ups guidance on "strong" Q2
- Under Armour secures Germany and Austria deals
- Bangladesh workers rally for unpaid wages
- Under Armour lifts outlook after Q2 revenue hike
- Intertek takes garment inspections to Myanmar
- Global Database of the Top 1000 Apparel Producers - Company Names, Financial Performance, and Contact Details
- Ethiopia – the emerging textile and clothing industry
- Management briefing: Factory safety and auditing: The key challenges
- Global market review of workwear - forecasts to 2019
- Global market review of lingerie - forecasts to 2020