Nike stock falls after warning about supply chain problems as holiday shopping looms

September 25, 2021 Rufina Lynn

Nike (NKE) is grappling with challenges ranging from delivery container shortages to a dearth of staff, the enterprise mentioned Thursday, adding that it is also going through producing difficulties owing to local lockdowns at its factories in Vietnam and Indonesia. “We are not immune to the international source chain headwinds that are demanding the [manufacturing]…

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