SGB Footwear

EXEC: Puma Eyes Boost from Low-Profile Footwear Trend

Puma’s growth accelerated in the third quarter to a 5 percent currency-adjusted (ca) gain from 2.1 percent in the second quarter, led by a recovery in footwear demand. Arne Freundt, CEO of Puma, said on a media call, “I’m very confident to say that we are leading the low-profile trend.”

Vulcabras’ Q3 Sales Expand 7 Percent

Brazil’s Vulcabras reported sales increased 7.3 percent to R$784.6 million ($135 mm) in the third quarter with growth seen at its owned Olympikus brand as well as licensed Mizuno and Under Armour athletic footwear brands.

Puma Inhale: Two Designs, One Shared DNA

Blending inspiration from the future while drawing from Puma’s iconic heritage, the company introduces a progressive and futuristic approach to running with the Inhale and the AI-generated Inverse.