Toy companies are keeping an eye on China shipping delays as key holiday season nears

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Shipping delays in China are forcing toymakers to face tough decisions ahead of the industry's most important sales season.

The pandemic created a bottleneck in the global transportation pipeline, which was later worsened by theExacerbating these troubles is aAll the while, inventory continues to pile-up, leading to manufacturing delays. With shipping containers scarce — or worse, more than double pre-pandemic prices — toymakers are faced with tough decisions ahead of the industry's most important sales season.

Wissink noted that toy companies are just entering the ramp-up period of production for toys that ship in September and October for the holidays. Currently, the industry is seeing delays of two-to-three weeks, Wissink said. This is consistent with a report from Davidson analyst Linda Bolton Weiser that was published Friday, although Weiser said delays could be as long as a month.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Market-Beating China Fund Manager Favors Scooters and Spicy Sauce Over TechMichelle Leung's Xingtai Capital avoids companies that have yet to turn a profit and doesn't hold stocks in Chinese internet giants, including Alibaba and Tencent good luck
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »