Shanghai manufacturer grows revenue

16/08/2007

China Shoe, an independent footwear manufacturer based in Shanghai, has reported second-quarter net income of $196,000, up 485% year-on-year.

The company said revenue for the quarter was 52.3% higher at $1.95 million and that sales had been strong.

China Shoe manufactures, designs and sells private-label as well as its own branded footwear throughout China and in overseas markets, principally

Japan

. It announced recently that it intended to open its own retail outlets in the near future.

Shanghai manufacturer grows revenue - footwearbiz: Leading site for gl