Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
Puma lowers earnings guidance Wednesday, 18th July 2012
Puma has lowered its sales and earnings forecast for the full year in light of a slowdown in business in the first half.
The sportswear retailer said it expects net sales growth for the full-year to rise in the mid-single digits.
Puma also said it expects first-half net profit to be down around 13 per cent year-on-year.
The company is due to report its results on 26 July.