German sportswear firm Puma AG reported flat third-quarter net profits Friday, but defied the sluggish economy to raise its full-year sales forecast from single-digit to mid- to high-single-digit growth, buoyed by a 5 percent increase in the order books.
The Herzogenaurach-based company said net profits for the third quarter were 89 million euros, or $134 million, no change year-over-year, due to brand investments that increased at a double-digit rate, as in the previous two quarters. Earnings before interest and taxes, meanwhile, rose 1 percent to 125 million euros, or $188.3 million. Dollar figures are converted from euros at average exchange rates.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)