THAILAND: Nike To Step Up Shoe Production
Sportswear giant Nike Inc plans to produce up to 20 per cent more goods in Thailand this year than last in a move which will see the value of its orders hit $600 million, it was reported on Monday. The company is poised to increase the value of its footwear orders by 16 per cent to $350 million, with that rise meaning Thai-made Nike shoes would account for 18 per cent of Nike's overall shoes production, according to a report in the Bangkok Post.
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