The order of this shoe factory has been arranged until September! Puma issued a warning!

Puma's share price fell on Wednesday, after the sports company reported that its business was hit in the fourth quarter and warned that the external challenges facing the business may continue until 2024.

Arne Freundt, CEO of Puma, warned in a statement:

"By 2024, we expect geopolitical and macroeconomic challenges and highly volatile currencies to persist."

Many retailers are struggling because of high interest rates and uncertain economic prospects during the wars in Ukraine and the Middle East, which have affected consumer spending.

Freundt said: "We are in a better position in early 2024 than in early 2023." "We have cleared the inventory, we have a product line with exciting product novelty and innovation, and we will soon launch our new brand activities. We continue to be hungry and have the ambition to continue to seize market share. "

Source: many media

Newly signed overseas warehouse!

This shoe factory orders until September!

Henan Zhoukou Xiangcheng Shuangqiang Leather Industry Co., Ltd. has received orders from the United States, Germany and other countries just this year. It is estimated that this year's performance will increase by more than 20% compared with 2023.

At present, the company is rushing to make the first batch of export orders in the first quarter.

Ye Lianhong, business manager of Xiangcheng Shuangqiang Leather Co., Ltd. said:

"The order of our factory is increasing every year, so we opened a new production line this year, and we can increase the production of 60,000-80,000 pairs every month. Last year, we added a total of 700,000 pairs. Since the opening of this line, it has been producing at full capacity."

Li Suna, the company's sales manager, said:

In 2023, the company added Turkey, Serbia and Portugal to its export countries, and signed an overseas warehouse in Astana, Kazakhstan. In January 2024, the total number of orders delivered was 100,000 pairs. This year started well. The production orders have been scheduled for September. Now employees are being organized to work overtime to complete 4,000 pairs of orders every day.

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