Feng Tay Sales Slump in Q1
With many western sneaker brands reducing orders, the Taiwanese footwear and sporting goods manufacturer’s net income attributable to shareholders dropped 64% to TWD 749.4 million ($24.4 mm) in the first quarter from TWD 2,073.0 million, on 13% lower revenues of TWD 19,502.8 million ($634.0 mm) down from TWD ... Log in to view full article.