Yue Yuen stumbles on high labor costs, geopolitical uncertainty
The shoemaker’s profit fell 24% in the first quarter on falling margins, as it continues taking preemptive hedging measures against geopolitical risk Key Takeaways: Leading shoemaker Yue Yuen’s revenue grew…
BRIEF: Xtep reports mid-single-digit growth in first quarter
Sportswear company Xtep International Holdings Ltd. (1368.HK) said on Wednesday that its China operations achieved mid-single-digit year-over-year retail sales growth during the first quarter, with average discounts reaching between 25%…
Could consumer stimulus send Li Ning stock vaulting higher?
The sportswear maker’s gross margin rose by 1 percentage point last year as it boosted its dividend payout ratio to 50% Key Takeaways: Li Ning’s net profit declined last year,…
Belle Fashion: Back in vogue, or yesterday’s shoes in new wrapping?
China’s largest fashion footwear retailer, now ‘transformed,’ has filed to relist in Hong Kong nearly seven years after being privatized Key Takeaways: Belle Fashion has filed for a Hong Kong…
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