Hong Kong-listed Yue Yuen supplies more than 300 million pairs of shoes a year to Nike, Adidas, Reebok, New Balance, Puma and Timberland. Photo: Bloomberg

Nike footwear supplier Yue Yuen to make HK$6.7b from retail arm’s privatisation plan

Yue Yuen to sell its 62.41pc stake in Chinese footwear retailer Pou Sheng International as part of the HK$10.9 billion privatisation plan

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Hong Kong-listed Yue Yuen supplies more than 300 million pairs of shoes a year to Nike, Adidas, Reebok, New Balance, Puma and Timberland. Photo: Bloomberg
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