Please note that the mid-week SEW_0517.5 and the regular SEW_0518 issues contained an error regarding licensed sales for Puma. Puma contacted SEW last week to confirm that licensed sales of Footwear, Apparel, and Accessories were actually 85% of all licensed sales, not the 15% reported.
The confusion arose from a question posed during the quarterly conference call with analysts. The number should be 85%, or roughly 121 million, of the 142 million total in licensed sales for the period.
