TOKYO -- Shares of Shenzhou International Group Holdings, a major contract manufacturer of knitwear for global brands such as Nike, Adidas, Puma, Uniqlo and Lululemon, fell sharply on Wednesday even after the company announced a jump in earnings for the first half.
Trump tariffs
Chinese producer for Nike, Uniqlo warns on tariffs despite higher profit
Shenzhou International shares sink on margin fears due to Trump 'uncertainties'
A Nike store in Beijing in April. Shenzhou International is a supplier to the U.S. athletic brand and several others. © Reuters
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