PUMA Ukraine says the €12 million is not a final estimate and the total damage could increase, RAU reports. The brand expects the strike to cause shortages of certain products
At the same time, PUMA says it is already working to restore its supply chains and will provide updates on its next steps.
‘Our top priority is to restore our ability to meet our partners’ needs and minimize the impact of this incident on our business’, the company added.
Background
On the night of August 5, Russia completely destroyed the warehouses of PUMA Ukraine and INTERTOP, which represents brands including The North Face, Vans, and Napapijri in Ukraine. The warehouses were located at the DENKA LOGISTICS distribution center in the village of Chaiky, near Kyiv. No employees from either company were injured.
PUMA clarified that ‘in the coming weeks and, likely, months, there may be a shortage of certain PUMA goods in Ukraine’, but they are already working on restoring supplies.
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INTERTOP also said that DENKA LOGISTICS had been one of the company’s key logistics facilities, operating without interruption since 2009.
‘The scale of the destruction is enormous. Along with the warehouse, we lost a significant portion of our inventory, logistics infrastructure, and equipment… We are currently assessing the consequences of the attack and reorganizing all of our operations’, the company said.
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The attack also damaged warehouses and logistics centers of Rozetka, Nova Poshta, Silpo, Epicentr, NOVUS, LIQUI MOLY Ukraine, Fozzy Group, and Toyota Ukraine.
As a result of the attack, 17 people were killed, including one person in Kyiv and 14 in the Kyiv region. At least 44 other people were injured.
