Nike, Adidas Could Reduce Order Volumes By 40%
November 30, 2022
Companies like Nike and Adidas are expected to reduce their order volumes by 30%-40% beginning next summer, with both companies reportedly notifying their manufacturing plants.
It’s unclear how long it will last, but some outlets have reported that the volume decrease is expected to continue until the winter — likely resulting in less footwear on the market until summer 2024. FOS