Americans may continue to buy shoes and the shoe industry may be recession-proof, but German shoemaker Puma is reporting a drop in sales during the third quarter of 2009.
Talk about globalization: Britain’s number one tennis player is going to be sponsored by Germany’s number one shoemaker Adidas.
Remember the time when there was a country called East Germany? And do you remember the all-powerful East German athletes in their Zeha shoes? Ahh, those were the days.