Adidas, Nike & Uniqlo want to produce shoes and apparel in Russia

Global clothes producers Nike, Adidas and Uniqlo are expressing sturdy curiosity in finding their manufacturing traces in Russia, in accordance to Deputy Minister of Industry and Trade Viktor Yevtukhov.

“As far as I do know, sportswear manufacturers like Nike and Adidas, in addition to the Japanese model Uniqlo, want to find their manufacturing in Russia,” the official informed journalists, on the sidelines of the St. Petersburg International Economic Forum.

According to the deputy commerce minister, the present price-quality ratio of textile merchandise in Russia is perfect, with the nation’s geographical place and developed infrastructure making it helpful from a logistical viewpoint.

The official gave a reminder that Spanish multinational clothes firm Inditex, which owns such manufacturers as Zara, Pull&Bear, Bershka, Massimo Dutti, Stradivarius, Oysho and Uterque, has been producing some of its textiles and clothes in Russia since 2017.

“Goods branded ‘Made in Russia’ are being sold only abroad, increasing Russia’s prospects for non-resource exports,” Yevtukhov identified.

The minister added that manufacturing of footwear merchandise is very developed in Russia and that many corporations operating their footwear retail chains in Russia could profit from localizing manufacturing capacities in the nation.

Earlier this 12 months, German automaker Daimler launched a Mercedes-Benz manufacturing unit in the Moscow area. The plant, assembling premium-class Mercedes-Benz passenger vehicles for the home market, created over a thousand jobs for the native inhabitants. The German firm additionally runs an meeting line for Mercedes-Benz Sprinter Classic minibuses on the Nizhny Novgorod services of Russian auto maker GAZ Group.

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