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    Puma, A Shoe Maker, Locked In The US Market &Nbsp; Weak Spot.

    2011/10/26 13:24:00 29

    Puma Shoes Lock In US Market

    German sports footwear manufacturers Puma Said in the third quarter Sales volume After coming out, more work will be done to attract the US. Consumer


    "The North American market is even more daunting than we expected," financial manager MichaelLaemmermann said after the group asserted that its target in 2011 would be 3 billion euros ($4 million 200 thousand) and net profit growth.


    It is reported that sales in North America have dropped to a single figure, and President FranzKoch told reporters on Tuesday that a strong third quarter plan has been made for this difficult contrast last year.


    After the beginning of the growth, the group's shares Controlled by PPR (PRTP.PA) of France upscale goods group, it became negative, and its share price fell 2.55% in the eastern time zone 6:02 and lost 229.85 euros.


    Analyst RobertGreil told Reuters at MerckFinck that he was surprised by Puma's relatively weak performance in the US market. "The United States is the key market for Puma, and it should also be a weak source of land".


    Adidas, the world's second largest sports shoe manufacturer in Germany, has said that it is experiencing the urgent needs of the US market.
     

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