Puma has reduced deliveries from China to the US due to tariffs and is considering raising prices in the US market
Adrian Rusu
International
Foto: pixabay.com/ro
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German brand Puma has adjusted its supply chain by significantly reducing products shipped from China to the United States following new tariffs. The company, which is in transition after a change of CEO, reported marginal sales growth but faces challenges related to US tariffs. Puma will keep an eye on the competition before deciding on price hikes and has announced 500 layoffs as part of its cost-cutting plan.
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