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Puma Net Sales Fall 31% in Q2, But Flatten in July

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Puma SE reported a quarterly net loss of 95.6 million euros ($112.1 million) amid a currency adjusted net sales decline of 30.7 percent to 831.1 million euros ($979.81 million). But despite the rough sales tumble, month-over-month sales continued to show major improvements throughout the quarter and were flat on a year-over-year basis in July. As…

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