Puma shares plunge after missing profit target
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 areas” such as marketing, while keeping the total headcount “stable”.
Adidas and Puma, two of Germany’s leading sportswear companies, are reportedly planning significant layoffs as they navigate ...
Shares fell after the sporting-goods company posted net income below market expectations and said it was launching a new cost ...
Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's ...
Manchester City and PUMA are delighted to announce the launch of a global fan vote to decide the club’s official 2026/27 ...
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...
Puma lost more than a fifth of its market value on Thursday after the weak quarterly results highlighted the work Puma still ...
In a first for world football, Manchester City will showcase a bespoke goalkeeper kit designed by City stars using generative ...
The German sporting-goods company blamed higher interest expenses.
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Puma “not satisfied” with profits and planning cost efficiency initiativeThe nextlevel programme is aimed at cost reduction and operational enhancements to boost profitability growth.
Charlotte Hornets point guard LaMelo Ball is teaming up with the Teenage Mutant Ninja Turtles for limited-edition PUMA ...
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