The Big Cat said it would grow on average 10% for the next for the next five years and reach an EBITDA margin of 10% no later than 2022 as it laid out its mid-term targets at its first investor meeting in London since it was spun off from Kering. Puma also said it would enter the basketball market globally as a way of growing its presence in both the U.S. and China, where it trails its larger rivals in terms of penetration. It also said it would grow its DTC business from 23% of the total now to 30% ... Log in to view full article.