Puma takes punt on footwear to turn fortunes around
27/07/2015
The CEO of Puma has said the company is basing its turnaround plans on footwear, and growth in the sector led to a 7.6% rise in second quarter sales to €772.7 million.
The company is trying to offset the negative effect of currencies by raising prices in those markets and "when possible, moving some of the sourcing to the local markets“.