Adidas wants to ensure “long-term success”, while Puma aims to cut costs, including through “personnel expenses”. Read more at straitstimes.com.

Puma (PUMG.DE) shares fell by 16 per cent as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit. The weak ...

Puma lost a fifth of its market value on Thursday after the German sportswear brand reported lower than expected ...

By Helen Reid (Reuters) -Puma shares sank 21% on Thursday after the German sportswear brand reported lower than expected ...

German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job ...

Puma SE reported a 9.8% sales growth in Q4 FY24 and launched a new efficiency program aiming to enhance profitability through cost control measures and strategic investments.

Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...

Puma's fourth-quarter sales grew 9.8% in currency-adjusted terms, against the 12% growth expected by analysts. Net profit last year fell to 282 million euros ($293 million) from 305 million, in part ...

The Ferrari F1 store will be the best place to buy Lewis Hamilton Ferrari merchandise. You can expect the range to launch ...

Puma (PMMAF) launched a cost-cutting programme on Wednesday after the German sportswear-maker missed its full-year profit ...

While this increased revenue, it weighed on Puma’s profit margin. The company is aiming to boost its margin through cost cutting, which it said would include reallocating staff to “strategic growth ...

Shares fell after the sporting-goods company posted net income below market expectations and said it was launching a new cost ...