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 ...
The German sporting-goods company said net income last year fell to €282 million from €305 million in 2023, citing higher net ...
Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's ...
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...
In a first for world football, Manchester City will showcase a bespoke goalkeeper kit designed by City stars using generative ...
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.
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Puma plans efficiency programme as figures fail to meet expectationsGerman sporting apparel group Puma is planning to introduce an efficiency programme aiming to raise the company's profit margin, boss Arne Freundt said on Wednesday. Puma achieved a higher operating ...
Manchester City and PUMA are delighted to announce the launch of a global fan vote to decide the club’s official 2026/27 ...
The 25th annual Puma Classic wrestling tournament at Maria Carrillo is set for one its largest fields yet, featuring more ...
Charlotte Hornets point guard LaMelo Ball is teaming up with the Teenage Mutant Ninja Turtles for limited-edition PUMA ...
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