PARIS — Puma AG, Europe’s second-largest sporting goods firm after Adidas, looks on track to accomplish its “Back on the Attack 2011-15” five-year strategic plan to generate annual revenues of 4 billion euros, or $5.38 billion at current exchange rates, by 2015.
Citing a strong start to 2011, Puma said it is forecasting a revenue increase in the midsingle-digit percentage range that should propel it to a full-year sales target of 3 billion euros, or $4.03 billion.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)