Rihanna Becomes Puma's New Creative Director Sources: Puma Listening To Buyout Offers TaylorMade CEO Sharpe Talks About His Plan Adidas Meets Expectations With Q3 Results MSG Could Double In Value With Split ScoreBig Closes $18M Series D VC Funding MSG Considers Splitting In Two Callaway Golf's Q3 Revenue Beats Projections Under Armour's Apparel & Footwear Sales Rise By 29% TPG Takes 53% Majority Stake In CAA
PUMA PUMPS UP SALES FIGURES, BUT WARNS OF SLOWED GROWTH
Published February 3, 1998
Puma saw sales last year climb almost 12% to "about" $299M, according to the FINANCIAL TIMES. However, it warned yesterday that growth this year and next would be slowed by the Asian financial crisis. The company also said that "apart from the planned product and marketing offensive and the rise in costs this will cause, Puma expects a fall in licensing revenues" (FINANCIAL TIMES, 2/3).