Sporting goods and apparel retailer Puma AG posted a robust jump in fourth-quarter earnings, buoyed by strong sales in Europe and Asia.
For the fourth quarter, earnings leapt 17 percent to 38.3 million euros, or $56 million, on sales that gained 5 percent to 504.5 million euros, or $736 million. Dollar figures are at the average exchange rate.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"