Puma Announce Record Profits for Second Quarter

July 29, 2011

The German sportswear company PUMA have announced strong and record breaking second quarter growth.

All areans of sports have contributed to the growth. Footwear saw an increase of 16.2% to $ US503.5
Apparel went up 10.7% to $ US 320.9 million and Accessories with an 15% increase to $ US138 million.

PUMA’s Running category and Golf also seen significant growth. This with development with the top seller PUMA Faas in running and the Cobra Golf integration 

The half year saw department with significant growth such as footwear  up 9.9%, Apparel sales were up 7.0%  and Accessories were up 29.4%  partly due to the full year effect of Cobra golf.

Puma’s results from around the world saw growth performance in the Americas with sales growing by 16.9% currency-adjusted to $ US 323 million. 

Asia/Pacific posted a gain of 20.1% currency adjusted to $ 226 million, with a bigger recovery in Japan with the aftermath of the earthquake disaster, posting double-digit growth. PUMA’s Lifestyle (PUMA Social), Running (Faas and light-weight gear) and Fitness (Bodytrain) categories drove the overall growth.