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PUMA Philippines to Open Nine More Stores by Year End

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Sig2.25Sen+3.10Env0.00Soc+0.35Gov0.00

PUMA Sports Philippines plans to open nine more mono-brand stores before year end, expanding its network to 53 outlets through company-owned and partner-operated locations. It is shifting toward smaller store formats and prioritizing Davao and Iloilo outside Luzon over the next three years, while Metro Manila remains the largest market. The company also noted effects from changing consumer spending and weather-related disruptions.

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