Nike is scrambling to fix supply chain problems as holiday shopping looms
CNN
If you're coveting a new pair of Nike sneakers this holiday season, you might have to wait a while.
The sportswear giant has warned that it has been hit by supply chain problems — caused globally by the Covid-19 pandemic — that will impact production and delivery of its goods around the world through next spring.
Nike (NKE) is grappling with issues ranging from shipping container shortages to a dearth of workers, the company said Thursday, adding that it is also facing manufacturing problems due to local lockdowns at its factories in Vietnam and Indonesia.
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