Puma wants to improve operations and cut costs in the name of profitability, while Adidas said its operating model is too complex.
This is the time of year when sneakerheads get to indulge in some pretty sweet sneaker designs inspired by love. Expect ...
The creative director strolled down memory lane with his creative partner and founder of Bape at his Paris show ...
Puma SE shares opened 16 percent lower in Europe on Thursday morning after a pre-announcement of 2024 fourth quarter and full ...
Just a day after Adidas reported solid results, Puma said fourth-quarter sales rose 9.8% - below the 12% forecast by analysts.
Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected ...
German sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to bolster profits.
MUNICH (Reuters) - Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source who took part in a meeting where the figure was ...
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 (PMMAF) launched a cost-cutting programme on Wednesday after the German sportswear-maker missed its full-year profit ...
Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.
Le Coq Sportif, the iconic French sportswear brand, has recently filed for bankruptcy and entered judicial receivership. The ...