Find in the news:
BY COUNTRY

Puma reports a successful third quarter



The company reported an increase in sales and profit, but the future is still uncertain.
Puma experience store

The year 2020 proved to be a real challenge for Puma and many other brands. The first quarter was hit by the coronavirus pandemic, followed by a very challenging second quarter with falling sales and revenues. CEO Björn Goulden described last months as "the most challenging quarter I have ever experienced in this industry.

But the third quarter allowed the management of the German sportswear manufacturer to relax a little. Sales grew by 13 percent, with stores in the Americas and Europe, Africa, and Russia, beginning to recover. Although Puma reported an expected lower attendance at stores, the conversion rate remained high. E-commerce and wholesale also increased by 60.9 percent and 12.3 percent, respectively.

Puma was also able to improve its operating result compared to last year, with a $171.5 million profit. This result is achieved by reducing the number of marketing activities while improving efficiency and implementing several cost-cutting measures.

All of this allowed Björn Goulden to make an optimistic statement about the near future of the company he trusted. Nevertheless, the effects of the COVID-19 pandemic are still being felt, negatively impacting clothing and footwear sales. The recovery remains a challenge for fashion and sportswear brands. The second wave can again lead to a marked decline in sales worldwide because experts expect it will be more complicated than the first one.

More about shopping malls in Germany



Jun 1, 2022, United Kingdom:
The concept store is part of the Livat Hammersmith shopping and entertainment center in London.
May 19, 2022, South Korea:
Hyundai Seoul got a central atrium with a 12-meter waterfall and natural lighting.
May 12, 2022, Malaysia:
The complex is home to more than 200 tenants selling authentic local goods.
Apr 29, 2022, Europe, Europe:
The store sells streetwear created in collaboration with designers such as Soho Grit, Alma de Ace, BAPE, Herschel, and Staple.
Apr 28, 2022, USA:
Nike and RTFKT have announced a new collection of Nike Dunk Genesis Cryptokicks sneakers.
Apr 27, 2022, USA:
Meta Store has the intention of demonstrating the possibilities of virtual reality devices, as well as dispelling the mystery around the concept of the math universe.
Friend
and Follow
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
Aviapark GLA:2 475 699 SF
ADDRESS: ul. Aviakonstruktora Mikoyana, 10
Russia . Moscow region
Aviapark
Optimum Outlet GLA:421 127 SF
ADDRESS: ve Eglence Merkezi | Istiklal Sokak No.2/B Yenisahra/Atasehir
Turkey . Istanbul
Optimum Outlet


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us