Zhejiang Aokang Shoes Co Ltd

Zhejiang Aokang Shoes Co Ltd is navigating turbulent times in the textiles and luxury goods sector, with a potential change in control by its major shareholder and decreased profit margins posing significant challenges to the company’s future.

Zhejiang Aokang Shoes Co Ltd is undergoing a strategic shift in response to financial challenges, focusing on leveraging its shoe manufacturing expertise and optimizing its operations to navigate market uncertainties.