High quality is making a difference, Stella says
24/07/2019
Compared to the first half of 2018, these more recent figures signify an increase of 2.9% in value and of 1.7% in volume. The average price per pair rose by 1.2%.
Announcing the results, chief executive, Chi Lo-Jen, said Stella had prioritised margin expansion over volume growth. He added: “More and more of our customers are recognising the value of our craftsmanship, flexibility, high-end product quality, speed to market and on-time delivery.”
Commenting on the outlook for the group’s businesses, chairman, Lawrence Chen, said: “Despite uncertainties about possible trade tariffs in the US on foreign-made footwear, we expect our performance will improve for the full year.”
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