Hong Kong
APLF ASEAN brings the leather industry together to explore the region's potential
APLF ASEAN will return for a second edition from the 25th to the 27th of October 2023, at the Bangkok National Convention Centre, under the motto “ASEAN in Action”
Stella Holdings' profitability improved in the first semester
The Hong Kong-based manufacturer reported that has seen an improvement in profitability during the first half of 2023 driven by strong customer demand for luxury, fashion and sports products
Yue Yuen posts revenue and profits decline
The Hong Kong-based footwear group announced that this year's first half revenue declined by 11.8% year-over-year, while the profit attributable to its owners fell by 52.2% year-over-year
Yue Yuen issues profit warning
The group has informed its shareholders and potential investors that it expects a first half profit decline between 50% to 55% from the 175 million US dollars recorded in the same period of 2022
Stella Holdings posts a slight improvement in the second quarter
The Hong Kong-based footwear manufacturer posted a slower decline in its consolidated revenue and shipment volume in the second quarter of the year, as compared to the previous quarter
Yue Yuen first quarter revenue decreases
The Hong Kong-based group revealed that its early 2023 revenue has declined due to lower global footwear demand against a backdrop of “relatively high inventory levels” across the industry
Yue Yuen to invest 276 million USD in a factory in India
The Hong Kong-based group has entered into a memorandum of understanding with the government of the state of Tamil Nadu to build a manufacturing facility in India
Stella International reports a decline in revenue
The Hong Kong-based manufacturer announced that its unaudited consolidated revenue for the first quarter of fiscal 2023 decreased by 25.8%, as compared to the same period of last year
APLF ASEAN returns to Bangkok in October
The organization of the trade fair has confirmed that APLF ASEAN will return for a second edition from the 25th to the 27th of October 2023 at the Bangkok National Convention Centre
APLF confirms homecoming
After a successful 37th edition that attracted over 5 000 visitors from 92 countries, the APLF trade fair will return to Hong Kong for the next edition, scheduled for 19-21 March 2024
Stella International launches three-year growth plan
The footwear manufacturer confirmed its positive 2022 results, while taking the opportunity to launch a three-year plan (2023 – 2025) that focuses on growth and margin expansion
Yue Yuen warns on cloudy short term outlook
Despite reporting revenue and earnings growth over 2022, the group highlighted that the demand for footwear remains cloudy in the short term due to the many global headwinds impacting the business
APLF due to return to Hong Kong
At the last edition of APLF, held from the 13th through the 15th in Dubai, the organization of the event confirmed that the next edition will once again take place in Hong Kong
Stella International provides update on 2022 results
The Hong-Kong based manufacturer reported an unaudited consolidated revenue increase of about 5.9%, as compared to 2021, but growth slowed down in the last quarter with a revenue decline of 15.4%
Yue Yuen revenue increases
The group posted an 8.2% revenue growth in the first nine months of 2022, year-over-year, with the solid performance of the manufacturing business being partially offset by weak retail sales in Mainland China-
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