Financial

Stella builds up capacity in Indonesia, sees profit turnaround in H1

2021-08-26T16:44:00

Stella

The Hong-Kong-based footwear manufacturer and retailer Stella International expects its new factory in Solo, Indonesia, to come on stream in the third quarter of 2021 as the company continues to increase production outside the Chinese mainland. The plant is expected to contribute to overall sales in 2022.

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