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Apparel Sales Power Puma’s Strong Q4

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

The holiday quarter was kind to Puma despite the German footwear and athleticwear brand contending with Covid-related lockdowns across Europe. Sales jumped 9.1 percent on a currency-adjusted basis to 1.52 billion euros ($1.84 billion). Net income increased for the quarter as well, with a 38.8 percent year-over-year boost to 24.7 million euros ($30 million). With…

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