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According to Fashion Business Daily News: A report recently released by Panjiva, a supply chain research agency, said that as the new crown pneumonia pandemic continues to cause severe damage to the supply chain, Nike's sports shoes produced in Vietnam may soon be sold out and face disruption. Cargo crisis.

According to media reports, due to the rapid spread of the new crown virus in factories and communities, Nike's two main suppliers in Vietnam, Chang Shin Vietnam Co. and Pou Chen Corp., recently stopped production.

Nike said that in fiscal 2020, the Nike branded shoes produced in Vietnam's contract factories accounted for about 50% of its total sales.

Panjiva, a supply chain research organization under S&P Global Market Intelligence, released a report that nearly half (49%) of Nike's US seaborne imports in the second quarter of this year came from Vietnam.

The agency Panjiva said that Nike's imports from Vietnam are mainly footwear. In the 12 months ended June 30, footwear products accounted for 82% of its total imports.

Analysts predict that Nike will lose 40 million pairs of shoes every month. According to the worst-case scenario, Nike may not be able to deliver 160 million pairs of shoes this year.

It is worth noting that Nike is returning to the Chinese market recently, and imports from China increased by 54.6% in the second quarter. Previously, due to issues such as tariffs and the epidemic, some companies, including Nike, moved their manufacturing operations to Vietnam and other countries, hoping to diversify their supply chains.

The analysis also pointed out that Nike may increase the price of related shoes to make up for some of the losses. As of Monday's close, Nike's stock price fell 2.49% to $159.53, with a market value of approximately $252.5 billion.