Full-year revenues for sports shoe manufacturing group Yue Yuen totalled $7.89 billion in 2023, a decline of 12.3% year on year, Beijing-based media have reported.

Company revenues had previously reached just under $9 billion over the 12 months prior. 

Retail subsidiary Pou Sheng was up 7.7%, meanwhile, bringing in revenues of $2.9 billion.

Shoes by Yue Yuen customer adidas. Credit: Artyaroslav/Shutterstock.

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