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Puma CEO: no growth expected in China in 2022

By:
Reuters
Published: Jul 27, 2022, 09:07 UTC

BERLIN (Reuters) - Puma does not expect to achieve growth in China this year, as a boycott against its products in the country and COVID-19 lockdowns there weigh on business, Chief Executive Bjorn Gulden said on Wednesday.

The outbreak of the coronavirus disease (COVID-19) in Beijing

BERLIN (Reuters) – Puma does not expect to achieve growth in China this year, as a boycott against its products in the country and COVID-19 lockdowns there weigh on business, Chief Executive Bjorn Gulden said on Wednesday.

The sportswear retailer “cannot expect growth in China in 2022”, he said following the publication of the company’s second-quarter results.

(Writing by Rachel More; Editing by Paul Carrel)

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