After Nike and adidas, now Uniqlo too fears massive stock delays owing to the pandemic-related struggles faced by Vietnam’s apparel factories.
The Japanese fast fashion giant has, reportedly, warned that several items in the Uniqlo U range will now be delayed. These were supposed to be released in Japan in September and October.
Though several apparel factories have reopened in Vietnam, most of them are still struggling with backlog of orders due to shortage of workers. Many areas in the country are still under lockdown and workers are not able to return to factories.
Uniqlo is not the first retailer to be hit by delays due to struggles in Vietnam. Nike too, recently, warned its investors that it was on the verge of losing the production of 160 million pairs of shoes following a factory closure in the country.
German sportswear giant adidas too had said recently that factory closures in Vietnam – all owing to rapid emergence of the pandemic – could cost it a worrying sales loss of € 500 million.
Read our exclusive feature on retailer’s struggles in Vietnam here: Vietnam hits roadblock! 2021 supply chain disruption could impact growth
