Puma Braces For U.S.-China Tariffs With Extra Inventory

www.oann.com | 4/22/2016 | Staff
moemajor (Posted by) Level 3
BERLIN (Reuters) – German sportswear group Puma is carrying up to 7% extra inventory as it prepares for the possible imposition of U.S. tariffs on goods produced in China, and expects to have to raise prices, Chief Executive Bjorn Gulden said on Wednesday.

In anticipation of U.S. tariffs, Puma has been moving production out...
(Excerpt) Read more at: www.oann.com
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