German sportswear company Puma's H1 operating income falls 6%, French parent PPR says

German sportswear co Puma's operating profit for the 1st 6 months fell 6%, according to its parent, Paris-based retail & luxury group PPR. PPR, which holds 64% of Puma's shares, said Puma's operating profit in Jan.-June fell to euro177M ($248.74M) from euro189M in the first 6 months of 2008. Sales were affected by a lack of major sporting events in 2009, falling to euro1.3 B from euro1.4B in 2008, a 7% drop, PPR said.