Yue Yuen Manufacturing, Retail Down Again in July
Yue Yuen’s footwear manufacturing revenue declined 10% in July to an implied $456,670,000 from $507,936,000 last year, while total revenues at the Chinese footwear maker and retailer fell 10% to $602,614,000 for the month. Pou Sehng’s retail business in the PRC was off 14% in local currency to RMB 993,878,000 ($145.9 mm) ... Log in to view full article.