World, As Seen from the most beautiful islands: Ireland and Cyprus

Puma had the best quarter ever


Puma has achieved a record turnover last quarter. The German manufacturer of sports equipment benefited from strong demand from China. Business also went well in North and South America, where Puma is back on the market for basketball items.

Successful advertising campaigns and collaborations with celebrities such as Selena Gomez, Rihanna and Jay-Z also made a contribution. Sales amounted to more than 1.3 billion euros. Adjusted for exchange rate effects, that is over 15 percent more than in the first quarter of last year. Operating profit improved by 27 percent to 143 million euros.

Despite the strong figures, Puma does stick to its financial expectations for the entire year. According to CEO Bjorn Gulden, there is still much uncertainty in the market, but he is now confident that Puma will meet its objectives.

Written by: Patrick O'Brien

Patrick O'Brien is a student who is taking only the first steps in journalism. The main interest is events from the world of macroeconomics and finance.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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