Mixed May results for major Asian footwear manufacturers
12/06/2025
Two of Asia’s largest footwear producers, Feng Tay Enterprises and Yue Yuen Manufacturing, have reported softer results for May 2025, highlighting signs of slowing demand in the active lifestyle footwear sector. Feng Tay, a major Nike supplier, posted a 23.4% year-on-year drop in manufacturing revenue for May to NT$6.0 billion (US$185 million),...