Nine-month figures show declines in volume and value for Yue Yuen
12/11/2020
Major outsource athletic footwear manufacturer Yue Yuen has announced revenues of just over $6 billion for the first nine months of 2020. Compared to the same period last year, revenues fell by 19.1%.
The group, which makes shoes for brands, including Merrell, Salomon, Puma, Under Amour, Reebok, Converse, ASICS, New Balance, Puma, Nike and adidas, attributed the fall in revenue to covid-19, mostly.