Puma Costs Rise And Price Rises

And competitors

Similarly, a reminder of raising product prices has been issued, which is caused by the rise in the cost of goods and wages.

This is closely followed.

The third largest sporting goods manufacturer in the world said that rising costs mean that net profit will not keep up with sales growth in 2011, and profits will be reduced.

Henry Zeitz, the outgoing chief executive, told reporters that the group will no doubt raise its price in 2012 or earlier.

It has been said that they will also offset costs by raising prices, such as the rise in cotton prices.

Not long ago,

It is predicted that there will be a single digit profit growth rate in the two years of 2011 and 2012.

In 2010, the sales growth rate was 10.6%, while net profit increased by 154% to 202 million euros.

"The result is said to go.

But the outlook is worse than expected, because they have decided to invest more in this brand. "

An analyst who did not want to be named said.

Puma group is sponsoring Usai Bolt, the fastest runner in the world.