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Puma CEO Warns of ‘Very Difficult Market’ in China

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Coming off “another very strong quarter,” Puma raised its full-year growth forecast Wednesday to at least 25 percent. The German footwear company saw global revenue climb 20 percent in the third quarter to 1.9 billion euros, or $2.2 billion. The Americas led the way with 23 percent growth in North America and a 61 percent…

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