PUMA Q4 Profits Rally Amid Strong Global Demand

Despite supply chain issues and the ongoing COVID-19 pandemic, sportswear giant PUMA has managed to rally sales in its fourth quarter of fiscal 2021, seeing healthy growth of 14%.In specific figures, sales came in at €1.7 billion EUR, or approximately $1.9 billion USD, marking a €65 million EUR increase over the same period last year. PUMA attributed its success to strong global demand and continued brand momentum, which has been consistent over the past fiscal year, achieving a roughly 32% ...