Posts Tagged ‘China’

Outsourcing Gone Wrong: German Toymaker Steiff Pulls Out Of China
The German toy maker Steiff, which is famous for its high-quality teddy bears, moved some of its production to China in a bid to cut costs. Now it is pulling out due to concerns about quality and logistical difficulties - but the jobs aren't going back to Germany.

Read more on Free Internet Press

Four years ago the German soft toy maker Steiff moved production to China. But now the company is moving back to Germany. The reasons for the decision are problems with quality, high transport costs and long delivery times. The situation became critical when it took two months to deliver the soft toy version of polar bear Knut. Steiff's move raises one question: is globalization going in reverse? Germany's Association of Toy Manufacturers believes Steiff is not the only toy company thinking of doing this.