TOKYO -- Yue Yuen Industrial Holdings, the largest contract footwear manufacturer for global brands like Nike and Adidas, benefited from order front-loading to get ahead of U.S. President Donald Trump's tariffs in the first half of the year, but weak consumption in mainland China has virtually canceled out those gains.
Retail
Top shoemaker Yue Yuen's China woes wipe out front-loading gains
Tariffs cloud outlook at Taiwanese contract manufacturer for Nike and Adidas
Chinese contract footwear maker Yue Yuen foresees near-term challenges due to tariffs and other uncertainties (Nikkei montage/Source photos by screenshot from Yue Yuen's website)
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