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Puma to post strong recovery in Q2 sales and profit, raises FY21 outlook

According to preliminary report, Puma’s currency-adjusted sales increased by approximately 96 percent to 1,589 million euros and the operating result (EBIT) increased to approximately 109 million euros in the second quarter 2021. The company said that the results were driven by continued brand momentum, successful product launches with high...

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Pepco Group posts Q1 like-for-like sales growth of 5.5 percent

Pan-European variety discount retailer, Pepco Group, owner of the Pepco and Dealz brands in Europe and Poundland in the UK reported like-for-like (LFL) sales growth of 5.5 percent in the first quarter against a challenging comparative of 3.9 percent in 2019. The company said in a statement that stores not impacted by Covid-related closures,...