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Puma confident of boost in ‘year of sports’

08/05/2024
Puma confident of boost in ‘year of sports’

German sports brand Puma has reported flat sales for the first quarter of 2024, “in line with expectations”, according to its CEO, Arne Freundt. Revenues increased by 0.5% to € 2.1 billion, reflecting a negative currency impact of approximately €100 million. Sales in footwear were up 3.1%, largely driven by demand for football and other...

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