Nike, Inc., world's one of the most popular sportswear manufacturer, has launched its China Logistics Center in Taicang city located in the Jiangsu province. The center has also started its operations.
According to the US-based company, CNY 1 billion has been invested in the center and it has a floor space of 460 mu (1 mu = 666 square meters) and occupies an area of 200,000 square meters. This is the sixth center that Nike has established in the world and is also the second largest among all other centers.
The center will handle all sorts of Nike products to be distributed in mainland China. Besides, once the center becomes fully operational, it is likely to open several avenues for the company which will enable the company to increase its revenue by two times within China by 2015.
The apparel storage and delivery base of the company in the logistic center handles around 220,000 suits per day and is also expected to begin its accessories as well as shoes storage and delivery base in April, 2011.