First half sales over $504 million at Doublestar

15/09/2006
Chinese footwear company Doublestar has reported sales of more than $504 million for the first six months of 2006.

Having started production 85 years ago, Doublestar is one of the largest shoe-making manufacturers in China and currently produces nearly 100 million pairs of shoes a year with over 140 production lines.

Besides its traditional shoe-making production, the company has now invested in over 30 industries including clothing, tyres and machinery. The brand is now valued at $6.21 billion.