Retailers lose love for Asia: Snarled supply chains force manufacturing exodus to Balkans, LatAm (Nov. 9)
Nov 9 (Reuters) - (This Nov. 9 story corrects to clarify reference period in paragraph 8 as first half of 2020 instead of whole of 2020)

Major clothing and shoe companies are moving production to countries closer to their U.S. and European stores, smarting from a resurgence in cases of the Delta variant of the coronavirus in Vietnam and China that slowed or shut down production for several weeks earlier this year...

RSK: Next step would be to the USA...but with CRE prices high, taxes and wages going even higher, I doubt that will work. This is a good option however to help with the supply chain problem, even though the lack of truckers is the major concern.

- - Volume: 9 - WEEK: 47 Date: 11/16/2021 11:57:50 AM -