Financial

Yue Yuen’s profit, sales slip in soft FY23

By 2024-03-14T06:45:00

Yue Yuen

Yue Yuen, the globe’s largest manufacturer of footwear, suffered a down year in 2023 due to inventory de-stocking by retailers worldwide and conservative ordering by its portfolio of brand clients that include Nike, Adidas, Asics and New Balance, among others.

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