PARIS — Puma SE on Monday raised its full-year guidance, citing a strong rise in sales and profitability over the second quarter, as well as a positive business outlook for the year.
The German sportswear company that is controlled by French group Kering said it now expects sales to grow between 12 and 14 percent, adjusted for currencies, up from its previous target of low double-digit growth. The company had already outpaced expectations with growth in all of its regions earlier this year, prompting it to raise the annual sales growth target in April.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"