Sportswear maker Puma proposes suspending dividend due to virus

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Apart from China, Japan and South Korea, almost all of Puma’s stores have been temporarily closed by the authorities, the company said, while e-commerce accounts for less than 10% of the business.

“This has, of course, led to a major decline in net sales and cash inflow,” the Adidas (DE:ADSGn) rival said in a statement https://