Puma : Back to the double-digit growth path
>Q2 results already exceed pre-coronavirus levels - Late July, Puma reported a very good set of Q2 results with sales and EBIT already exceeding pre-coronavirus levels. Q2 sales almost doubled owing to a strong performance in EMEA and the Americas. Growth in the Asia-Pacific region was held back by tough China business. Thanks to the re-opening of offline stores, retail sales grew over 100% whereas e-commerce was only up 9% also on the back of tough comparatives. EBIT...Puma and its subsidiaries are engaged in the development and sale of a broad range of sports and sports lifestyle products, including footwear, apparel and accessories. Product management, design, development and category-specific marketing have been combined under six separate Business Units. The Business Units Teamsport, Running, Training & Fitness, and Golf represent Co.'s performance business, while Lifestyle and Motorsports, Fundamentals as well as Accessories & Licensing constitute the lifestyle business.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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