An unexpected flurry of orders in the final quarter, especially in the U.S. market, pushed up Puma’s consolidated sales 16% to €720.5 million ($943.9 mm) from €623.4 million, which generated net income of €33.1 million ($43.4 mm) this year, up 137% from the €14.0 million last year. The strength in Q4 was across all regions and categories, but the Americas region accelerated to a 28% growth rate in Q4. The Big Cat’s business has been consistently strong in Latin America during 2011 but choppier in the U.S. market; however, it said Q4 in the U.S. market was surprisingly strong, especially ... Log in to view full article.