Puma leaps logistics challenges in Q4’20 — Panjiva
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Puma leaps logistics challenges in Q4’20

China 3047 Cons. Discr. - Apparel 530 Cons. Discr. - Retailing 517 Earnings 759 Quote Watch 452 Thailand 145 U.S. 5398 Vietnam 412

Puma SE has reported Q4’20 revenues which rose by 2.8% year over year as the sportswear maker managed to improve profits by “good inventory management”. That factor can be seen in U.S. seaborne imports linked to the firm which dropped by 34.1% year over year in Q4’20, with signs of an improvement emerging in January. The firm has managed “to avoid nearly any disruptions in the delivery of products” during the logistics disruptions seen globally in Q4’20 and has “made good progress with the upgrade of our logistics network”. The firm’s supplies have shifted somewhat with Vietnam accountin...

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