Puma Lacks an Edge but Is an Established Player in the Expanding Global Sportswear Market
Puma is highly dependent on wholesale, which accounts for about 75% of its sales. Wholesale sales tend to bring lower margins than sales through full-price owned channels. Puma also risks losing share ...
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China's luxury slump is trickling down to other consumer companies
Those results came on the heels of Nike's, which had lowered its full-year guidance over the summer, blaming China's unstable ...