Business
Puma CEO sees sales doubling to more than $11 bln-report
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The brand of German sports activities items agency Puma is seen on the entrance of one in every of its shops in Vienna, Austria, March 18, 2016. REUTERS/Leonhard Foeger
BERLIN, Sept 27 (Reuters) – German sportswear firm Puma has the potential to double its gross sales to greater than 10 billion euros ($11.71 billion) in the long run, Chief Govt Bjorn Gulden was quoted as saying on Monday.
Gulden advised the Handelsblatt newspaper that Puma is doing nicely within the third quarter and is optimistic for the fourth quarter, regardless of the present challenges, such because the closure of factories in Vietnam and a scarcity of delivery containers.
($1 = 0.8537 euros)
Reporting by Emma Thomasson
Modifying by Madeline Chambers
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