• Yue Yuen posts strong manufacturing but weak retail results
    Article

    Yue Yuen posts strong manufacturing but weak retail results

    2024-11-12T15:28:00Z

    Yue Yuen generated strong nine-month manufacturing results but the group’s retail arm, Pou Sheng Intl., suffered from soft sales momentum with weak traffic across various Chinese cities.

  • The world’s biggest sports retailers
    Analysis

    The world’s biggest sports retailers

    2024-10-23T16:58:00Z

    Our annual analysis of the world’s largest sports retailers presents the revenue of the top international sports retailers and ranks their growth year-on-year.

  • Yue Yuen experiences order book ‘normalization’
    Article

    Yue Yuen experiences order book ‘normalization’

    2024-08-13T08:18:00Z

    Despite that, the world´s largest footwear manufacturer has lower H1 sales.

  • Yue Yuen sees ‘gradual recovery trend’ as Q1 net soars
    Article

    Yue Yuen sees ‘gradual recovery trend’ as Q1 net soars

    2024-05-14T06:38:00Z

    Profit attributable to owners of the Chinese group Yue Yuen increased by 97 percent to $100.0 million from $50.8 million for the period ended March 31. Ebit rose by 82 percent to $145.1 million from $79.7 million despite a 4.9 percent decline in total revenues to $2.0 billion from $2.1 ...

  • Yue Yuen’s profit, sales slip in soft FY23
    Article

    Yue Yuen’s profit, sales slip in soft FY23

    2024-03-14T06:45:00Z

    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. Yue Yuen’s annual Ebit declined by 5.6 percent to $390.2 ...

  • Yue Yuen sells more, produces less in December
    News briefs

    Yue Yuen sells more, produces less in December

    2024-01-12T08:46:00Z

    Sales at the manufacturing segment of Hong Kong-based Chinese company Yue Yuen Industrial fell 2 percent to $420.4 million in December, making it the first of 12 consecutive months with a decline as customers cut back on orders. Yue Yuen’s retail segment Pou Sheng grew 16 percent ...

  • The world’s biggest sports retailers
    Analysis

    The world’s biggest sports retailers

    2023-12-22T19:17:00Z

    Our annual analysis of the world’s largest sports retailers has the revenue of 50 companies and ranks their growth compared with last year.

  • SGI Europe Executive Edition: Vol 34 - 43+44
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    SGI Europe Executive Edition: Vol 34 - 43+44

    2023-11-15T22:31:00Z

    Adidas inventory cuts improve; sees strong demand for Samba, Gazelle | On Holding maintains lofty objectives despite moderating wholesale revenues | Wolverine Worldwide lowers outlook as overhaul moves forward | Asics lifts FY outlook again as 9-month grows by 73% | Under Armour drops FY sales outlook on continued US woes | Topgolf Callaway reports earnings decline, lowers forecast | Canada Goose lowers FY24 outlook, increases reliance on DTC | FilaHoldings’ results hurt by challenges in US, Korea | Descente’s operating profit dips due to absence of one-time gain | CoDi sells Marucci Sports to Fox Factory | Intersport Germany sells Sport Voswinkel to Italian retailer | Nike Inc. makes executive changes to help “reimagine sport for the next generation of athletes” | Sport 2000 Austria: Zentrasport’s reorganization proceedings closed | Peloton Interactive aims to spin in right direction, but share price dips | GoPro expanding retail network, camera range | Acushnet’s Q3 operating income up 3.4 percent | Crocs taking steps to reset Heydude business | Alpargatas reports Q3 loss despite improving trends | Lower costs, inventory benefit Grupo SBF in Q3 | Below-average order fill rates continue to impact Yue Yuen | Elevate Outdoor Collective fills further key positions | Sweet Protection and Kari Traa are realigning in Central Europe

  • Below-average order fill rates continue to impact Yue Yuen
    Article

    Below-average order fill rates continue to impact Yue Yuen

    2023-11-14T08:00:00Z

    Profit attributable to Yue Yuen shareholders fell by 49 percent to $137.7 million from $270.1 million for the nine months ended Sept. 30, as sales declined by 14.1 percent to $5.99 billion from $6.97 billion. Manufacturing revenues declined by 20.9 percent year-over-year to $3.79 billion. Ebit sunk by 38 percent ...

  • Pou Sheng nine-month results aided by stronger foot traffic
    News briefs

    Pou Sheng nine-month results aided by stronger foot traffic

    2023-11-13T11:25:00Z

    Operating profit at Pou Sheng, the retail subsidiary of Yue Yuen, increased by 51 percent to 515.7 million renminbi (€66.3m) for the nine months ended Sept. 30. Profit attributable to owners of the company rose by 224 percent to RMB 311.4 million (€39.9m) as retail foot traffic improved and the ...