Adidas sets up transit hub in Tianjin Bonded Logistics Park

GLOBAL giant in the sporting goods industry Adidas Group decided to set up its international transit hub in Tianjin Bonded Logistics Park, Xinhua reported.

Adidas will store more than US$10 million in goods at its Tianjin hub every month when it's completed and it will save 20 per cent transport cost compared with transitting through Hong Kong, the report said.