Resilient demand for footwear, Yue Yuen says
Specialist outsource footwear manufacturing group Yue Yuen is likely to report revenues of just over $4 billion for the first six months of 2025. The figure is, as yet, unaudited; it represents an increase of 1.1% year on year.
Almost $2.2 billion of its revenues came from production of athletic and outdoor footwear, which Yue Yuen carries out for brands including ASICS, Nike, New Balance, adidas, Salomon and others. This accounted for 53.6%.
As a separate category it reported revenues of $434.6 million for casual shoes and sports sandals. Soles and other components brought in $187.1 million.
The remaining $1.25 billion of group revenues came from the its retail subsidiary, Pou Sheng.
Group chairman, Lu Chin Chu, commented: “It is encouraging to see resilient demand momentum for our footwear products in the first half of the year, despite uncertainties caused by tariffs and other macroeconomic headwinds. We are on track to overcome the short-term operational challenges, implementing a strategic approach to secure our long-term steady and healthy growth, while enhancing the value-added capabilities of our manufacturing business.”
