© Reuters. FILE PHOTO: A pair of Puma sports shoes is shown at an event in Berlin, Germany February 21, 2019. REUTERS/Annegret Hilse/File Photo
BERLIN (Reuters) – Puma Chief Executive Arne Freundt said that the sportswear company expects to return to double-digit growth in China this year, according to an interview released by the Euro am Sonntag news outlet on Friday.
“In China, we see a gradual improvement in the market environment and expect to return to double-digit growth already this year,” he said.
Freundt added that he expects Puma will return to growth in the United States despite a difficult market environment.
“In the U.S. we have a very difficult market environment, but we are very confident that we will grow again in 2024,” said Freundt.
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