Another round of layoffs has been announced at the Baoyuan Vietnam shoe factory, which is operated by sporting goods distribution and retail group Yue Yuen Industrial Holdings, a subsidiary of Pou Chen. Read More...
Yue Yuen Industrial (Holdings), a subsidiary of Pou Chen Corporation that manufactures a large percentage of global athletic and outdoor footwear, reported that its net consolidated operating revenue for May was US$701 million against US$758 million a year ago, a 7.8% decline. Read More...
Footwear manufacturer Pou Chen will reportedly cut around 6,000 jobs at its plant in Ho Chi Minh City due to weak demand. Read More...
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