That's what the German sportswear company said Wednesday as it expects the impact of lockdowns toe last well into the second quarter.

Chief executive Bjorn Golden told reporters he quote clearly sees a running boom in the whole world, with yoga and other outdoor activities also doing well.

Golden said he was optimistic going forward as orders for 2021 are up almost 30% compared to a year ago.

But there is still uncertainty on when lockdowns in Europe will end.

Half of the stores selling Puma products in the region are presently closed.

The company expects a moderate rise in sales on a big improvement for its profits against last year.

Puma also plans to release its own app towards the end of 2021 that could support online sales, which grew 63% in 2020 Pumas.