European Retail Correspondent, Zurich
Emma's Feed
Jul 30, 2014
Jul 29, 2014
Jul 29, 2014
Jul 29, 2014
Jul 29, 2014
Jul 29, 2014

Puma says World Cup sales beat its expectations

BERLIN, July 29 (Reuters) – German sportswear firm Puma
said sales of World Cup soccer boots and national team
shirts beat its expectations as it reported second-quarter
results in line with analyst forecasts and reiterated its
expectations for 2014.

Puma said on Tuesday sales fell 5.8 percent to 652.2 million
euros ($876.1 million), but were up 0.6 percent when stripping
out the impact of volatile currencies. Earnings before interest
and tax (EBIT) fell 60 percent to 12.6 million euros.

Jul 28, 2014
Jul 28, 2014
Jul 28, 2014

Africa e-commerce firm expands to new markets

BERLIN, July 28 (Reuters) – Online retailer Jumia, a
would-be African Amazon set up by German venture capital firm
Rocket Internet, is expanding into three new markets – Uganda,
Ghana and Cameroon, the company said on Monday.

Jumia, which launched in 2012, already operates in Nigeria,
Morocco, Ivory Coast, Egypt and Kenya, offering up to 100,000
different items for sale from its local warehouses.

Jul 10, 2014