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Nike Could ‘Run Out’ of Vietnam-Made Sneakers, Expert Warns

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An expanding Covid-19 outbreak could dry up Nike’s stream of Vietnamese sneakers, an S&P Global researcher warned Monday. Last week, two Nike suppliers—Pou Chen Corp. and Changshin Vietnam—halted production at factories in and near the country’s largest city. Reuters reported the closures Wednesday and Thursday, respectively. At the time, authorities linked Pou Chen’s Ho Chi…

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