• Puma raises FY22 outlook on strong H1 performance

    21 days ago - By Fashion United

    Image: Puma headquarters in Herzogenaurach
    Second quarter sales at Puma increased by 18.4 percent currency adjusted or 26 percent reported to 2,002 million euros.
    Considering the strong first half of the year, Puma is raising its outlook from previously at least 10 percent currency-adjusted sales growth - with upside potential - to mid-teens currency-adjusted sales growth. The company has reiterated operating result to be in a range of 600 million euros to 700 million euros for FY22 and a corresponding improvement in net earnings.
    Commenting on the results, Bjørn Gulden, chief executive...
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  • Strong wholesale growth drives Skechers Q2 results

    21 days ago - By Fashion United

    Image: Skechers
    Second quarter sales at Skechers USA increased 12.4 percent as a result of a 15.4 percent increase in domestic sales and a 10 percent increase in international sales, driven by strength in wholesale sales.
    “2022 is shaping up to be another remarkable year for Skechers with two consecutive record sales quarters, the result of our talented team's passion, determination and execution to evolve our product offering, inform the world of our exceptional comfort technologies, and effectively navigate the supply chain constraints,” said Robert Greenberg, chief executive officer of...
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