BRIEF: Yue Yuen profit tumbles by half in first quarter
Shoe manufacturer Yue Yuen Industrial (Holdings) Ltd. (0551.HK) warned on Tuesday that its profit fell by half or more in this year’s first quarter, citing the effects of global tariff…
BRIEF: Yue Yuen profit slips as tariffs cloud footwear demand
Sports footwear manufacturer Yue Yuen Industrial (Holdings) Ltd. (0551.HK) said on Wednesday that its revenue last year fell 1.8% year-on-year to $8.03 billion, while its net profit declined 2.9% to…
Stella International steps sideways on flattening revenue, U.S. tariff threats
The contract footwear maker’s shares rallied after it announced lukewarm second-quarter sales, possibly on bullish forward-looking comments from its largest customer, Nike Key Takeaways: Shares of contract footwear maker Stella…
Yue Yuen stumbles on high labor costs, geopolitical uncertainty
The shoemaker’s profit fell 24% in the first quarter on falling margins, as it continues taking preemptive hedging measures against geopolitical risk Key Takeaways: Leading shoemaker Yue Yuen’s revenue grew…