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China’s troubled market is also said to be growing again for the first time in a long time. However, the result fell 3.4 percent to 117.3 million euros. CEO Arne Freundt attributed this, among other things, to rising freight costs and higher inventories that must be sold at discounts, particularly in North America.
Puma has won back musician Rihanna for collaboration in 2023 and is looking to launch products for children’s and unisex collections with her. Also, English national football player Jack Grealish (Manchester City) entered into a long-term partnership with Puma.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
