Yue Yuen Retail Sales Plunge in Feb.
YY’s Pou Sheng Chinese retail sales fell 46% to RMB 1,325,023,000 ($208.2 mm) in Feb., facing a variety of headwinds including the Omicron Covid break out, draconian restrictions around the Beijing Olympics and continued boycotts of Western brands over Xinjiang sourcing. Pou Sheng operates retail stores for Nike, Adidas and ... Log in to view full article.