ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent ...
Read More »Puma posts rising sales in China, Europe after margins narrow
BLOOMBERG Puma SE reported rising sales on demand for sneakers in Europe and its first growth in China in two years, while cautioning that profit margins will remain under pressure from higher costs. Revenue climbed 14% to €2.19 billion ($2.41 billion) in the first quarter, the company said, slightly ahead of the average analyst estimate. Still, the gross margin narrowed ...
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