Retailers’ Latest Headache: Shutdowns at Their Vietnamese Suppliers
The New York Times
Factories in the country, a major apparel and footwear supplier to the U.S., have been forced by the pandemic to close or operate at reduced capacity, complicating the all-important holiday season.
After a bruising 18 months of the pandemic, this fall represented a fresh start for the apparel company Everlane. It was preparing to release a slew of new products, with September marking the beginning of an ambitious marketing campaign around its denim.
Instead, Everlane has spent this month scrambling just to get jeans — along with other products like bags and shoes — out of Vietnam, where a surge in coronavirus cases has forced factories to either close or operate at severely reduced capacity with staff living in on-site bubbles.
“At this point, we have factories in 100 percent lockdown,” Michael Preysman, Everlane’s chief executive, said in an interview. “Do we fly things over? Do we move things? Do we adjust in the factory? It’s a nonstop game of Tetris.”
Critics of using public money to build sports facilities dismissed the bond sale, but some of the team’s devoted followers eagerly paid in.
Since the election, Mr. Musk has used his social media company to talk up how bright the future will be under the president-elect.
Here’s what the president-elect has said he might do with your taxes, student loans, Social Security and more.
Donald J. Trump has embraced tabloids, reality TV, Twitter and cable news. This year, he moved on to podcasts and online streamers.
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?
A little-known investment banker, a former hedge fund star and an acolyte of George Soros have the president-elect’s ear.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
Angel Sivado tries to move people from the streets to permanent housing. A new law makes helping her clients more of a challenge.
About 33,000 workers at the aerospace manufacturer had been on strike for nearly two months, having rejected two earlier contract offers.
Right-wing groups, which use Telegram to organize real-world actions, are urging followers to watch the polls and stand up for their rights, in a harbinger of potential chaos.
The billionaire has effectively become the star of his social media platform, transforming X into a reflection of his personal views before the election.