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Yue Yuen-owned retailer suggests storm has passed

19/08/2014

China-based athletic footwear retailer Pou Sheng has reported its profits more than doubled in the six months to the end of June to $287.9 million, with sales growing 9.1% to $966.6 million. The company, which is publically traded but controlled by footwear manufacturer Yue Yuen (which is owned by Taiwan’s Pou Chen), attributed the increase to...

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