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Yue Yuen’s sales fall 16% in 2020

The sporting goods distributor and retailer for major brands such as Lacoste, Adidas and Converse has reported revenues of US$8,444.9 million in 2020, representing a decrease of 16.4% compared with 2019. The drop was mostly attributed to the impact of the Covid-19 pandemic.

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Yue Yuen revenue down 19.4% in first half

For the six months ended June 30, 2020, the world’s largest manufacturer of athletic, athleisure, casual and outdoor footwear recorded revenue of US$4,085.6 million, down 19.4% year-on-year.

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Yue Yuen sales down 19% in April

Net consolidated operating revenue for the Hong Kong headquartered footwear manufacturer totalled US$709.9 million in April, a 19.1% decline year-on-year.

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Yue Yuen’s revenue up 4.2% in 2019

The Hong Kong headquartered footwear manufacturer has posted revenue of US$10.1 billion for 2019, up 4.1% from US$9.7 billion in the previous year. Most of the Group’s production facilities in China have now resumed operations.

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