Puma on Wednesday announced job cuts and warned of uncertain U.S. consumer demand as the German sportswear group's shares ...
Shares of Puma tumbled to a near nine-year low on Wednesday after the German sportswear group warned that geopolitical ...
Puma will cut 500 jobs worldwide as part of its cost-reduction programme, its CFO said after the German sportswear group late ...
The German sportswear brand expects growth this year to be in the low- to mid-single digits amid ongoing political and ...
Job reductions will be implemented at the group’s headquarters in Germany and in regional offices. The company has a total ...
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Spring is finally here, and all of the major performance footwear companies are bringing the heat. However, no brand is ...
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Arne Freundt, CEO of PUMA, said he was “pleased” with the company’s “solid sales growth.” He added, “We made significant ...
Puma has pledged to reinvest “freed-up” resources from its efficiency programme into brand and product to complement its ...
The company forecast another slow year of growth in 2025, citing global trade tariffs, currency volatility and geopolitical ...
Puma has issued a caution for 2025 despite achieving sales growth on a currency-adjusted basis of 4.4% for FY24.