Yue Yuen Manufacturing Slows, Retail Revenues Improve in Mar.
Total revenue at the Chinese footwear manufacturer and retailer was down 10% in Mar. to $696,532,000 million from $773,485,000 million, hit by sneaker brands cutting orders. Footwear manufacturing implied sales were down 21% to $444.4 million from $563.8 million. Chinese retail traffic is finally improving after the Zero-Covid policy was ... Log in to view full article.
