News

Footwear giant to close Dongguan factory

13/01/2016

A report on the China Leather Industry Association website suggests shoe manufacturer Stella International is closing its facility in Dongguan city, with the loss of 10,000 workers. It said it the facility mainly made ladies shoes for companies such as Prada and Rockport, but rising wages led to a 50% fall in profits last year, according to a...

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