Nike cancels retail orders
News
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Nov 2021
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Fashion Network
What: The sportswear retailer is affected by the disruption in the global supply chain for sneakers. The same disruption is expected to hit the production of Spring/Summer 2022 collections.
Why it is important: A few months ago, Nike announced it will favour a direct-to-consumer strategy and a limited number of close retail partners. The fact that retailers are having their orders cancelled is concerning.
