Puma CEO expects double-digit growth in China this year -report
Reuters
Published Oct 06, 2023 10:45AM ET
BERLIN (Reuters) - Puma Chief Executive Arne Freundt said that the sportswear company expects to return to double-digit growth in China this year, according to an interview released by the Euro am Sonntag news outlet on Friday.
"In China, we see a gradual improvement in the market environment and expect to return to double-digit growth already this year," he said.
Freundt added that he expects Puma will return to growth in the United States despite a difficult market environment.
"In the U.S. we have a very difficult market environment, but we are very confident that we will grow again in 2024," said Freundt.
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Written By: Reuters
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