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Puma's 1Q slips despite sales on the strong euro



By GEORGE FREY, AP
07 May 2008 @ 01:24 pm EST

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In Asia, Puma said that sales were up 13.3 percent to 133.5 million euros ($73.42 million) with orders rising 24 percent in the region, which accounts for nearly 20 percent of its sales.

French luxury goods company PPR took over Puma last year, acquiring more than 62 percent of the company's shares, but Puma continues to report separately and keep its stock market listing.

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