Puma announces harsh decision amid declining sales
According to a new press release, Puma said that the drop in sales is due to “ongoing geopolitical tensions and economic ...
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Puma perceptions up after ‘prioritising’ brand health over short-term sales
Puma has pledged to reinvest “freed-up” resources from its efficiency programme into brand and product to complement its ...
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Puma issues cautious 2025 outlook despite FY24 4.4% sales rise
German sportswear brand Puma has issued a caution for 2025 despite achieving sales growth on a currency-adjusted basis and an ...
Puma faces weak U.S. demand, plans job cuts as shares plunge
Puma on Wednesday announced job cuts and warned of uncertain U.S. consumer demand as the German sportswear group's shares ...
Puma Sees Quarterly Sales Drop on US, China Performance
Puma expects adjusted earnings before interest and taxes (EBIT) for the year to be in the range of 520 million euros to 600 ...
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Puma faces weak U.S. demand, plans job cuts as shares plunge
(Reuters) - Puma on Wednesday announced job cuts and warned of uncertain U.S. consumer demand as the German sportswear group's shares slumped 23% in the wake of disappointing quarterly and annual ...
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Puma issues cautious 2025 outlook despite FY24 4.4% sales rise
The Europe, the Middle East and Africa region experienced a 2.1% boost in sales totalling €3.47bn. Freundt said: “Strengthening our brand and our performance credibility is crucial for Puma's ...