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Article Date: June 2023
Word Count: 120

Yue Yuen Manufacturing Remains Soft, Retail Improves in May


Total revenue at the Chinese footwear manufacturer and retailer was down 8% in May to $701,016,000 from $757,993,000, hit by soft demand and elevated inventory levels. Footwear manufacturing implied sales contracted 11% to $473.0 million from $530.3 million. Improved retail foot traffic sent Pou Sheng retail sales up 7% in local ... Log in to view full article.

 


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