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Article Date: January 2020
Word Count: 107

Retail Jump Offsets Lower Factory Sales at Yue Yuen

A big gain at Pou Sheng more than offset manufacturing segment declines at the Chinese footwear giant, as Dec. revenues increased 1% overall to $858,437,000 from $847,826,000. Pou Sheng retail sales increased 18% to $349,310,000, while implied sales for the rest of YY’s operations were down 8% to $509,127,000. Yue Yuen ended 2019 ... Log in to view full article.


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