Third quarter sales for PUMA were better than expected, all thanks to Rihanna's Fenty PUMA line and its range of all-star celebrities fronting the brand in advertisements. The Germany-based sportswear company is controlled by French group Kering, and Q3 reports revealed net earnings that spiked 98 percent to €39.5 million EUR, or $44.1 million USD in the three months ending on September 30. This number is almost double of the number from a year ago. Total sales were up 8.3 percent, with strong...
PUMA's Q3 Sales Show Extraordinary Growth, Net Earnings Doubled From 2015
Hypebeast - 10 Nov 2016 16:42
Third quarter sales for PUMA were better than expected, all thanks to Rihanna's Fenty PUMA line and its range of all-star celebrities fronting the brand in advertisements. The Germany-based sportswear company is controlled by French group Kering, and Q3 reports revealed net earnings that spiked 98 percent to €39.5 million EUR, or $44.1 million USD in the three months ending on September 30. This number is almost double of the number from a year ago. Total sales were up 8.3 percent, with strong...
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