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Pou Chen suspends Vietnam production due to Covid-19

Footwear manufacturer and leading contractor to international brands such as Adidas and Nike, Taiwan’s Pou Chen Corp has suspended operations at its plant in Ho Chi Minh City on account of a Covid-19 outbreak in Vietnam’s business hub as of July 14, 2021. Shares in Pou Chen closed down 1.3% on the same day the announcement was made.


Higher revenue but lower profit for Yue Yuen

Hong Kong headquartered Taiwanese footwear Group, Yue Yuen, has posted revenue of US$9.12 billion in 2017, representing a +7.6% increase year-on-year but profit attributable to owners of the company declined -2.9%.