Yue Yuen Industrial Holdings
| Company type | Public |
|---|---|
| Industry | Footwear manufacturing |
| Founded | 1991 |
| Founder | Pou Chen Corporation |
| Headquarters | Hong Kong , Hong Kong |
Area served | Worldwide |
| Products | Athletic and casual shoes |
| Parent | Pou Chen Corporation |
Yue Yuen Industrial (Holdings) Limited is a Hong Kong-based footwear producer originating from Taiwan, founded by its parent firm, the Taiwanese Pou Chen Corporation. It stands as the largest global manufacturer of branded athletic and casual shoes, functioning as both an original equipment manufacturer (OEM) and original design manufacturer (ODM) for prominent international brands such as Nike, Crocs, Adidas, Reebok, Asics, New Balance, Puma, Timberland, and Rockport.
Once included among the Hang Seng Index Constituent Stocks as a blue chip company on the Hong Kong Stock Exchange, Yue Yuen lost this status following 8 June 2009.
In April 2014, around 40,000 employees staged protests due to Yue Yuen's incomplete payment of legally required social security and housing funds. This action was triggered when an employee was refused full pension benefits because of missing monthly contributions. According to Chinese regulations, employers are obligated to provide comprehensive social insurance that includes pensions, medical coverage, housing subsidies, and injury compensation.
By 2019, Yue Yuen had gained recognition from the Huffington Post for manufacturing approximately 20% of the world’s footwear supply, leading to its comparison as "the Foxconn of footwear."