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Inventory Clean-Up Helps Puma Beat First-Quarter Expectations

The German sportswear maker also announced it had appointed former Hugo Boss CEO Mark Langer as its chief financial officer, effective Friday.
Anta announced on Tuesday morning that it’d finally come to an agreement with France’s Pinault family to purchase the group’s 29 percent stake in Puma.
Puma ​said a solid quarterly performance in the football category had benefited from strong demand for its World ⁠Cup kits. (Shutterstock)

German sportswear maker

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