Puma Raises Outlook Despite Supply Challenges

The logo of German sports goods firm Puma is seen at the entrance of one of its stores in Vienna, Austria on March 18, 2016. Leonhard Foeger/Reuters

German sportswear company Puma increased its 2021 sales outlook on Wednesday even as it highlighted supply-chain pressures from a coronavirus lockdown in Vietnam, port congestion, and container shortages. Emer McCarthy reports.

German sportswear giant Puma increased its 2021 sales outlook on Wednesday (Oct. 27) despite lingering supply-chain pressures.