World Footwear


361 Degrees International announces profit down by 70%

May 14, 2014 / Hong Kong
In 2013 Hong Kong based 361 Degrees International Limited registered turnover of 419.4 million euros, down 27.6% from 2012. Profit declined significantly, and was only one third of what was registered in 2012

Chinese giant manufacturer Yue Yuen with 7.1% decline in profit

May 6, 2014 / China
The group announced turnover of 7 583 million USD for 2013, up 4.1% compared to 7 281 million USD in the previous period. Total net profit amounted to 434.8 million USD in 2013, down 7.1% compared to 467.9 million USD in the same period last year

Workers strike in China at one of the largest footwear manufacturers

Apr 29, 2014 / China
Workers at a Chinese factory owned by Yue Yuen Industrial (Holdings) Limited, a key supplier to some of the world's footwear giants, were on strike several days in a dispute over benefits

Belle International announced 3.2% rise in profits

Mar 18, 2014 / China
Belle International Holdings Ltd, Chinese top footwear retailer reported a 3.2% rise in their profit, now reaching 526.22 million euros (unaudited), in a statement announcing the interim results for the year ending 31st December 2013

Chinese industry planning shoe city in Ethiopia

May 24, 2013 / China
The Chinese footwear Huajian Group plans an investment of $ 2 billion to a new production area in Ethiopia. The project will transfer management skills to the locals.
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