04/18/2014 08:53 am ET

Strike At Nike, Adidas China Supplier Halts Output


Striking workers at a Yue Yuen Industrial Holdings Ltd. (551) shoe factory in China halted production for a fifth day in a dispute over company contributions to employees’ social security and housing funds.

The stoppage at the shoemaker for sportswear brands including Nike Inc. (NKE), Adidas AG (ADS) and Asics Corp. continued while Yue Yuen communicates with workers about an offer to increase the social security benefit starting May 1, said George Liu, a spokesman for the Hong Kong-based shoemaker.

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