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Apparel Sales Power Puma’s Strong Q4

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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