News

'Dollar depreciation' hits Taiwanese footwear groups

17/12/2012

Taiwanese footwear makers Pou Chen Group, Feng Tay Group and Fulgent Sun Company saw a fall in revenues in November – blamed on the depreciation of the US dollar by a Pou Chen representative. Pou Chen revenues in November reached $676.5 million, according to local reports. A representative was quoted as saying the depreciation of the dollar meant ...

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