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Ralph Lauren lowers their outlook, expecting a drop in consumer spending.
The world’s second-largest sporting-goods maker Adidas reports a “staggering” 22 percent profit rise in the third quarter boosted by last year’s acquisition of Reebok.
The world’s third biggest sporting goods and apparel company Puma reports third quarter profit edgnig up 2.3% despite footwear sales falling. In related news, Puma breaks ground on new HQ in Herzogenaurach, Germany, the company’s hometown.
Ralph Lauren lowers their outlook, expecting a drop in consumer spending. The world's second-largest sporting-goods maker Adidas reports a "staggering" 22 percent profit rise in the third quarter boosted by last year's acquisition of Reebok. The world's third biggest sporting goods and apparel company Puma reports third quarter profit edgnig up 2.3% despite footwear sales falling. In related news, Puma breaks ground on new HQ in Herzogenaurach, Germany, the company’s hometown. Read More
