Puma: Registers historic-high growth in India
16 March 2022, Mumbai:
German sportswear maker Puma garnered more revenue than the combined sales of its rivals - Adidas, Nike, and Reebok – last fiscal year, paced by increasing awareness about fitness and surging demand for ‘athleisure’ wear in the country.
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With revenues of Rs 2,044 crore during FY21 ended December, Puma surpassed footwear company, Bata, for the first time in sales.
It also outsold sports retailer Decathlon and apparel brands.
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CREDITS: ET (The news article has not been edited by DFU Publications staff).
