Two of the top athletic and outdoor footwear manufacturing giants in China and Southeast Asia saw diverging trend lines in April 2026 as Yue Yuen posting solid growth on top of a double-digit increase in April last year, while Feng Tay saw revenues decline in mid-single digits for the month.
Feng Tay Enterprises
Feng Tay Enterprises, one of the longest-tenured manufacturers of Nike footwear, reported that manufacturing revenues declined 6.2 percent year-over-year to NT$6.82 billion in April 2026, a slight moderation from the 7.2 percent decline in the 2026 first quarter.
Last year, April 2025 shipments increased 2.7 percent year-over-year, while shipments in Q1 last year inched up 0.5 percent versus the 2024 first quarter.
Year-to-date (Q1) shipments for Feng Tay Enterprises declined 6.9 percent year-over-year to NT$26.1 billion.
Feng Tay Enterprises reports in New Taiwan Dollars (NT$) currency.
Yue Yuen Manufacturing
The manufacturing business at Yue Yuen Industrial (Holding) Ltd, used by a large number of major outdoor and athletic brands in the U.S. and Europe, returned to positive territory in April, posting growth of 6.9 percent after reporting a 5.5 percent decline for the 2026 first quarter.
Perhaps even more important is that the company put together two straight years of April increases. Yue Yuen posted a 10.5 percent increase in footwear shipment value in April 2025.
Manufacturing revenue for the four-month year-to-date period was down 2.3 percent.
Yue Yuen Industrial (Holdings) Limited saw total net consolidated operating revenue, including footwear manufacturing and retail stores across China, grew 6.6 percent year-over-year to $701.5 million in March 2026. The company’s Pou Sheng China Retail business inched up 0.1 percent in April.
Year-to-date (YTD) total net consolidated operating revenue at Yue Yuen was up 0.1 percent to $2.69 billion.
Yue Yuen and its footwear manufacturing business trade and report in U.S. dollars ($) currency.
Image courtesy Feng Tay
