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Puma happy to see back of ‘challenging’ year

24/02/2014

German sportswear brand Puma has reported that its 2013 sales were “in line with guidance”, declining by 3% currency adjusted to around €3 billion. Group sales in the fourth quarter of 2013 declined 4.7% to €698 million. In terms of segments, footwear sales in the fourth quarter declined by 12.9% to €291 million while apparel sales fell by 1.1%...

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