Pou Sheng retail revenue declines in June
Pou Sheng, the China retail subsidiary of Yue Yuen Industrial, reported an 8.6% year-on-year decline in net consolidated operating revenue for June 2026.
Revenue for the month fell to RMB1.08 billion (€129 million), compared with RMB1.18 billion (€141 million) in June 2025, making June its weakest month of 2026 so far. The decline followed a modest 0.1% year-on-year increase recorded in April.
For the first six months of 2026, Pou Sheng's revenue fell 2.1% year-on-year to RMB8.96 billion (€1.07 billion).
Parent company Yue Yuen Industrial also reported lower sales. Total net consolidated operating revenue, including its footwear manufacturing operations and retail business, declined 9.7% year-on-year in June to US$593.9 million (€549 million).
For the first half of 2026, Yue Yuen's total net consolidated operating revenue decreased 2.2% to US$3.97 billion (€3.67 billion).
