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Fashion Jobs
H&M
Business Expert to h&m Group Business Tech
Permanent · Stockholm
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Business Analyst For The h&m Brand Customer Insights & Analytics Team
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Production Manager – m&c – Divided
Permanent · Stockholm
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Production Manager – m&c – Divided
Permanent · Stockholm
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Head of Merchandising eu Retail - & Other Stories
Permanent · Stockholm
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Technical Product Owner – Loyalty Engine/CRM
Permanent · Stockholm
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Product Owner – Topdown Planning Assortment
Permanent · Stockholm
MARC O' POLO
Sales Manager / Key Account Manager Scandinavia M/W/D
Permanent · STOCKHOLM
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Senior Business Controller to h&m Sport
Permanent · Stockholm
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Product Owner Within Circular Business Models
Permanent · Stockholm
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Technical Product Owner For ci/cd Team
Permanent · Stockholm
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Business Analyst h&m Sport
Permanent · Stockholm
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Business Experts to Inventory Optimization
Permanent · Stockholm
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Art Buyer - h&m Sport
Permanent · Stockholm
RITUALS
Senior Account Manager Wholesale Nordics
Permanent · Stockholm
H&M
Product Owner to External Group Communications, Business Tech
Permanent · Stockholm
H&M
Head of New Business Development - h&m Sport
Permanent · Stockholm
H&M
E-Commerce Operations Coordinator / Business Expert
Permanent · Stockholm
H&M
E-Commerce Business Analyst
Permanent · Stockholm
H&M
Data Analyst to a Data Driven Team in Business Tech
Permanent · Stockholm
H&M
Senior Agile Project Manager For Business And Tech Development
Permanent · Stockholm
H&M
Business Expert – Colleague Development & Growth
Permanent · Stockholm
By
Reuters
Published
Apr 12, 2017
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Puma raises profit, sales guidance after strong first quarter

By
Reuters
Published
Apr 12, 2017

German sporting goods maker Puma lifted its profit and sales guidance for 2017 after posting strong first-quarter earnings in a surprise release on Wednesday that looked set to lift its shares 2.5 percent at market open.



Puma, majority-owned by French luxury-goods company Kering, said it expected earnings before interest and tax (EBIT) of 185-200 million euros ($196-$212 million) in 2017, up from a previous guidance of 170-190 million euros.

First-quarter EBIT jumped by about 70 percent to 70 million euros, it said.

In February, Retro sneakers and endorsements by stars like Usain Bolt and Rihanna had already helped Puma deliver strong sales growth in the fourth quarter and make a confident forecast for 2017.

Chief Executive Bjorn Gulden has led a gradual turnaround of a brand that had fallen far behind market leaders Nike and Adidas.

It also said on Wednesday that sales would increase by a low double-digit percentage rate, when adjusted for currency swings, up from a previous guidance of a high single-digit percentage increase.

Puma plans to release full quarterly results on April 25.

($1 = 0.9422 euros)


 

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