News

Puma expects tariffs to put €80m dent in profits

28/07/2025
Puma expects tariffs to put €80m dent in profits

German sports brand Puma has revised its 2025 outlook down after US tariffs, currency impacts and falling demand meant sales for the second quarter fell 2% to €1.9 billion.

Currencies negatively impacted sales by €135 million.

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