Feng Tay Enterprises, a major manufacturer of Nike footwear, reported a 10.9% year-over-year increase in November revenues to approximately $252.5 million, recovering from a 10.0% decline in October.
This was the company’s largest monthly growth since May 2024. Year-to-date (YTD) sales through November totalled approximately $2.51 billion, up 3.0% compared to the same period in 2023, when revenues fell 10.6% for the full year.
Yue Yuen Industrial, a leading footwear manufacturer for major outdoor and athletic brands, posted a 7.5% year-over-year increase in consolidated revenues for November, reaching $681.5 million, driven by a 17.0% rise in manufacturing shipments. This followed a 21.3% increase in October and contrasted with a 9.6% decline in November 2023. YTD revenues from manufacturing rose 10.9%, recovering from a 19.6% decline in the same period last year.
In contrast, Yue Yuen’s Pou Sheng China retail division reported an 11.9% decline in November sales, with YTD revenues down 8.4%, reflecting ongoing challenges in the Chinese retail market.
京公网安备 11010202009378号
