New CEO faced with Puma sales decline
26/07/2013
German sportswear group Puma has reported a 4% fall in sales for the second quarter to EUR 692 million after being hit by a decline in Southern Europe and Asia, which “remain challenging”. Sales in the apparel segment declined by 6.8% to EUR 227 million while footwear sales fell 7.3% to EUR 330 million. However, accessories climbed 10.9% to EUR...