Jamaica Produces Record Profit For Puma
Published: Wednesday | August 3, 20111 Comment
Usain Bolt kissing his shoe after winning 100m gold at the 2008 Beijing Olympics. - file
Steven Jackson, Business Reporter
Global athletics brand Puma credited its €37.6 million (J$4.57 billion) record second-quarter 2011 profit performance in part to strong sales of its Jamaica inspired 'Faas' sneakers endorsed by sprinter Usain Bolt and dub-poet group No Maddz.
"In particular, Puma's Running category grew significantly, boosted by the ongoing top seller Puma Faas, a lightweight neutral racer for tempo runs and racing. The shoe is constructed with BioRide Technology, an integrated system that provides more natural running rhythm and enhanced speed," said the German brand in its financial report released last week.
Footwear accounts for half of Puma's €1.4 billion in total external sales, apparel at 32 per cent and accessories at 14.5 per cent.
More http://jamaica-gleaner.com/gleaner/2...business1.html
Published: Wednesday | August 3, 20111 Comment
Usain Bolt kissing his shoe after winning 100m gold at the 2008 Beijing Olympics. - file
Steven Jackson, Business Reporter
Global athletics brand Puma credited its €37.6 million (J$4.57 billion) record second-quarter 2011 profit performance in part to strong sales of its Jamaica inspired 'Faas' sneakers endorsed by sprinter Usain Bolt and dub-poet group No Maddz.
"In particular, Puma's Running category grew significantly, boosted by the ongoing top seller Puma Faas, a lightweight neutral racer for tempo runs and racing. The shoe is constructed with BioRide Technology, an integrated system that provides more natural running rhythm and enhanced speed," said the German brand in its financial report released last week.
Footwear accounts for half of Puma's €1.4 billion in total external sales, apparel at 32 per cent and accessories at 14.5 per cent.
More http://jamaica-gleaner.com/gleaner/2...business1.html
Comment