{"id":3870,"date":"2024-03-27T15:40:38","date_gmt":"2024-03-27T07:40:38","guid":{"rendered":"https:\/\/www.textile-fabric.com\/archives\/3870"},"modified":"2024-03-27T15:40:38","modified_gmt":"2024-03-27T07:40:38","slug":"under-armor-is-facing-challenges-from-the-vietnam-epidemic","status":"publish","type":"post","link":"https:\/\/www.textile-fabric.com\/?p=3870","title":{"rendered":"Under Armor is facing challenges from the Vietnam epidemic"},"content":{"rendered":"<p>UnderArmour sources most of its products from Vietnam, which is facing manufacturing, logistics and port congestion challenges.  <\/p>\n<p>Sportswear giant UnderArmour said Vietnam is one of its largest purchasing countries. At the recent earnings call announcing its second-quarter results, Chief Financial Officer DasdfssdfsvidBergmasdfssdfsn said the company  are facing demand and supply constraints.  <\/p>\n<p>&#8220;From a planning perspective, we did adopt the demand control that we began to consider last year. But the real impact will come this year, due to a significant increase in consumer purchase demand.  Supply must keep up.&#8221;<\/p>\n<p>Bergmasdfssdfsn said that in addition to the impact of demand constraints, which is expected to increase in the second half of this year, Under Armor&#8217;s forecast also takes into account supply chain pressure.  <\/p>\n<p>&#8220;We are seeing shipping delays on some products, which may result in the cancellation of some orders and subsequent stress.&#8221;<\/p>\n<p>UnderArmour expects full-year revenue to grow at a low growth rate of 20%, which is comparable to the previously expected growth rate. This product delay originated from Vietnam (accounting for about 1\/3 of its supply chain)  ) and a host of challenges posed by supply chains across Southeast Asia.  <\/p>\n<p>CEO Pasdfssdfstrik Frisk said: At present, we have experienced multiple incidents from Vietnam, which not only impact local production, but also have consequences for logistics, ports and container dispatching.  had an impact.  &lt;\/p<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UnderArmour sources most of its products from Vietnam, which is facing manufacturing, logistics and port congestion challenges. Sportswear giant UnderArmour said Vietnam is one of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[46],"class_list":["post-3870","post","type-post","status-publish","format-standard","hentry","category-textile-fabric-news","tag-db"],"_links":{"self":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts\/3870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3870"}],"version-history":[{"count":0,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts\/3870\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}