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Soft global footwear demand continues to impact Yue Yuen.
- Source :
- Sporting Goods Intelligence Europe; 8/3/2023, Vol. 34 Issue 31/32, p26-26, 1p
- Publication Year :
- 2023
-
Abstract
- Financial reporting Profit attributable to Yue Yuen (YY) shareholders declined by 52percent to $83,601,000 from $175,049,000 for the six monthsended June 30, as sales fell by 12 percent to $4,154,968,000from $4,709,792,000. The globe's largest producer of footwear cited decliningsix-month export figures from China (-6.3%), Vietnam (-16.8%) andIndonesia (26.9%) to confirm its statement on softening globaldemand for footwear. [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 11432462
- Volume :
- 34
- Issue :
- 31/32
- Database :
- Complementary Index
- Journal :
- Sporting Goods Intelligence Europe
- Publication Type :
- Periodical
- Accession number :
- 170766580