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He said, most of the stores have to suspend business last week
07-06-11

He said, most of the stores have to suspend business last week. Although expecting adidas jeremy scottto resume normal business on Thursday, one store in the northeast region still can't do due to the serious impact caused by the earthquake and subsequent tsunami. The company said last week that all 652 employees in Japan are taken good care of, and the company will open the exhibition hall in Osaka as refuge for some work members. Japanese supply chain disruptions on the global electronics and automobile manufacturers is one of the serious problems, knock-on effect has spread to other industries such as mining industry. Zeitz said that Puma has production lines in Japan, but not in the disaster areas. Puma is world's yve saint laurent&third-largest sporting goods company only after Nike and Adidas. Zeitz as Puma's executives for a long time, he will go to PPR's Gucci Group to develop sports and lifestyle sector in spring. He also indicated that he want to step down as quickly as possible, but he has been asked to stay only after the whole company out of the global economic crisis under his leadership. Though earthquake and tsunami have influenced Puma's market sales, Puma scores a lot of money in the first quarter of 2011. Puma brand in the first quarter, sales increased 12.5% ??to 8.11 billion euros, consolidated turnover grew by over 9% to 7.73 billion euros. Growth was mainly due to the merger of Cobra brand. Footwear sales increased 6.8% to 4.17 billion euros, apparel sales increased by a mere 2.2% to 2.41 billion euros. Puma company has forecast the whole year's sales may reach 30 billion euros, or 4.03 billion dollars and the first quarter's net income rise by 7.1% , which is 77.7 million euros, or 1.1 million, while last year, Puma's sales is 72.5 million euros, or 9.73 billion dollars. The company expects sales in the U.S. market this year will increase 23.5%, other Latin American countries can achieve double-digit growth and in the Asia-Pacific region expect increasing 16.3%. Last month, sales growth in the Asia-Pacific region eased the impact on Japan market. This year there will be more major sporting events including the FIFA Women's World Cup held in Germany, and many other sailing projects. To Puma and other sporting goods manufacturers, the holding of sports events is critical to their sales, Puma will also seize the opportunity, allowing the company to achieve sales target this year and  puma trainerscontinue to struggle for the five-year plan that the sales reach 40 billion euros, or 5.38 billion dollars in 2015.

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