Nevertheless, business market is still inevitable to associate
Nike TN 2014 this action with the phenomenon that domestic manufacturing labor costs rises sharply, recruitment is difficult. However, it's not an incident but more of a trend. As early as three years ago when the global economic crisis broke out, Nike closed its last factory in China to reduce the "luggage" in China. If compare Nike and Adidas these multinational giants to "migratory birds", it's natural for them to leave, because now here is no longer lush trees, the land is no longer fertile, either. Nevertheless, for those who pay attention to the transformation and upgrading of domestic intensive manufacturing industry, China could attract these "migratory birds" due to its advantage in cheap labor, but this kind of situation will gradually change as the improvement of national economy and people's living standard.
Recently, it has been reported that Adidas would make the similar decision with Nike - closing it last factory in Suzhou, China. There are two reasons for this. First, Adidas's re-integration of global resources strategy, secondly, the labor costs keep rising these years. In a word, "where the labor costs is low, where the enterprises will go".
As is replied in the e-mail by Adidas headquarters, "Shutting down the factory in China is out of
Air Max 2015 the strategic consideration to re-integrate global resources". Except for this reason, no other else. What's more, according to Xinhua, Suzhou Industrial Park Administrative Committee said that it understood Adidas's need for adjustment of its global resources re-integration; it's also consistent with the trend of restructuring and development of Suzhou Industrial Park, said in the material to the media.
