Nike and Adidas race from Honduras to Nicaragua
Thursday, December 8, 2011
The leading sports clothing companies Nike and Adidas are going to abandon their factories in Honduras and move them to Nicaragua.
Daniel Facusse, leader of the Honduran association of free-zone assembly plants, said that the loss of the two companies will cost 10,000 jobs.
The level of wages is a major factor, he added. “The minimum wage in El Salvador is 38 percent less than it is in Honduras and in Nicaragua it’s 50 percent less.”
Original source (in Spanish): La Tribuna