Culture
Europe’s Stoxx 600 ends steady after multiple-session rally; Puma, Allfunds jump on takeover buzz
EUROPEAN shares ended largely steady on Thursday after three consecutive sessions of gains, driven by rising hopes of a US interest rate…
Tag
Puma
Culture
China’s Anta Sports is said to explore potential bid for Puma
The company may team up with a private equity firm if it decides to move forward with an offer Chinese sports apparel company Anta Sports…
Culture
Puma to cut 900 jobs globally by 2026, initiates business U-turn after sales declines
Shrinking market share, weak demand and US tariffs prompt Puma to warn of annual loss German sportswear maker Puma on Thursday (Oct 30)…
Culture
Adidas, Puma eye running shoe revival as tariff threats loom
Running could turn around the fortunes of Puma and Adidas as they look to make up ground lost to new upstarts before US tariffs start to…
Fashion
Puma curbs flow of sneakers from China to US as tariffs kick in
PUMA is shipping far fewer Chinese-made sneakers to the US as the trade war between the countries heats up. The German sportswear brand is…
Culture
Sportswear giants Adidas and Puma weighing job cuts - The Business Times
GERMAN sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim…