BERLIN, Feb 16 (Reuters) – Puma predicted a strong
U.S. dollar and currency fluctuations would weigh on earnings
this year after the German sportswear company suffered a
surprise loss in the last three months of 2014.
Puma promised to take steps including price increases to
blunt this impact, meaning it should be able to achieve a slight
increase in core earnings and net profit in 2015.
BERLIN, Feb 12 (Reuters) – Europe’s largest dedicated online
fashion retailer Zalando smashed fourth-quarter profit
forecasts as it reined in marketing spending and grew sales.
Management board member Rubin Ritter told a conference call
for journalists that Zalando had rushed out preliminary figures
ahead of full results due on March 5 because they significantly
exceeded market expectations.