
Puma Issues Caution as Tariffs and Geopolitical Tensions Threaten Sales in 2025
Puma, the renowned sportswear and footwear company, has issued a concerning forecast regarding its sales for the year 2025, attributing potential declines to the looming impacts of tariffs and escalating geopolitical tensions. During a recent financial report, the brand's executives indicated that several external factors could adversely affect both the manufacturing and retail sectors, which could consequently lead to reduced consumer spending.
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Holiday Sales Growth Expected to Slow This Year, Signals NRF Report
As the holiday shopping season approaches, the National Retail Federation (NRF) has released projections indicating that growth in holiday sales will not meet the robust levels seen in previous years. The NRF's forecast suggests that while spending will still increase, it will do so at a more modest pace, reflecting broader economic trends and changing consumer behaviors.
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