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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%.

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Pou Sheng reports Q1 sales up nearly a quarter

Pou Sheng International (Holdings) Limited, which is one of China’s largest retailers of branded athletic footwear and apparel, reported net sales increase 16.7% in March and 23.9% for the three months ended March 31.

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