Increased customer demand will drive ramp-up in production at Stella
Footwear group Stella International has reported revenues of $753.5 million for the first six months of 2025. This is up by 0.6% year on year.
Over this period, the group shipped 27.5 million pairs of shoes and other footwear. This represents an increase in volume of 3.8% year on year.
The average selling price that Stella generated from these shipments was $27.40, a fall of 90 cents per pair, or 3.2%, compared to the same period in 2024.
Chief executive of the group, Chi Lo-Jen, said: “We are expanding and ramping up new production lines in Indonesia and the Philippines to catch up with increased customer demand. Worker utilisation and efficiency will slowly improve over the course of the year. We remain focused on partnering with our customers to navigate market challenges, capitalising on the strength and flexibility of our diversified production base.”