Puma‘s first quarter sales for 2017 report a 92 percent rise. Bringing in over $54 million, the footwear has grown 25 percent and overall sales increased by 15 percent.
The company is known to have major ambassadors – recently Rihanna with the PUMA FENTY collection. She’s considered the major push behind the brand’s new popularity.
Puma’s CEO Bjorn Gulden released a statement about the company and the new sales growth.
“For the first time in Puma history, we achieved sales exceeding 1 billion EUR in a quarter,” said Gulden.
“Our EBIT million EUR. This great start further shows that Puma is on the right path.”