The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
BERLIN, Germany — German sportswear maker Puma said rising demand in China helped powered a jump in first-quarter sales and earnings, even though the threat of a US-China trade war weighed on its optimism for the rest of the year.
Puma had already nudged up its 2018 forecasts earlier this month when it reported first-quarter operating profit of 112 million euros (£98.1 million), up 60 percent, on currency-adjusted sales that were up 21 percent to 1.13 billion euros.
On Tuesday, it said all regions and product segments had contributed to the growth, especially Asia/Pacific, which saw sales leap 35 percent, while running, training and sportstyle were the areas with fastest growth.
By Emma Thomasson; editor: Tom Sims.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.