Revenues up at Yue Yuen

15/05/2019
Outsource footwear manufacturing group Yue Yuen has registered revenues of almost $2.5 billion for the first quarter of 2019. This figure represents an increase of 8.4% compared to the same quarter last year.

Athletic shoes, which Yue Yuen makes as an outsource manufacturing partner of a number of major sports brands, accounted for 41% of total revenues over the quarter, bringing in just over $1 billion. This, too, represents an increase of 8.4% year on year for this segment.

Casual and outdoor shoes accounted for a further 9.3% of the total, with revenues of $230 million, which,  in this case, represents a decline year on year of almost 5%.