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Puma is highly dependent on wholesale, which accounts for about 75% of its sales. Wholesale sales tend to bring lower margins than sales through full-price owned channels. Puma also risks losing share ...
This story is part of Forbes’ coverage of China’s Richest 2024. See the full list here.
Anwen Roberts, who owns design company Draenog, said identical versions of her Welsh language products appeared on the Chinese-based site after being copied without permission. Ms Roberts said it was ...