Stella on course to increase capacity by 20 million pairs per year
Hong Kong-based footwear group Stella International has reported revenues of just over $1.1 billion (US) for the first nine months of this year.
Over this period, Stella’s factories produced 41.4 million pairs of shoes, boots and sandals.
The figures represent an increase of 1.6% in value and of 5.1% in volume year on year.
However, Stella also reported a decline in the average price per pair it was able to secure for its footwear, down by 3.1% to reach $27.70.
Stella is currently constructing new production facilities in Indonesia and in the Philippines. It said it had faced challenges in both locations but had recently made “solid progress” in resolving these. It expects production to begin at these new sites in the second half of 2026.
Group chairman, Lawrence Chen, said the group plans to scale up its production capacity by an additional 20 million pairs per year.
“We remain focused on acquiring and ramping up new customers, particularly in the luxury, high-end fashion and sports categories,” Mr Chen said.
