US tariffs could push Puma away from China: CEO
30/04/2018
The CEO of sportswear manufacturer Puma, Bjorn Gulden, has said the company would consider moving some of its production out of China should the US impose higher tariffs on footwear products arriving from the country. Puma reported revenue of $1.1 billion in the first quarter of 2018, an increase of 12.5% compared to the same quarter last year....