Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected ...
By Nikhil Sharma and Pranav Kashyap (Reuters) -European shares closed higher on Thursday, buoyed by President Donald Trump's ...
Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected ...
Shares fell after the sporting-goods company posted net income below market expectations and said it was launching a new cost ...
The creative director strolled down memory lane with his creative partner and founder of Bape at his Paris show ...
The nextlevel programme is aimed at cost reduction and operational enhancements to boost profitability growth.
Puma lost a fifth of its market value today after the German sportswear brand reported lower than expected fourth-quarter ...
German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job ...
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...
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 ...
We view Puma as a leader in global sportswear but do not believe it has achieved a competitive advantage. Since 2014, Puma’s annual sales have risen to nearly EUR 9 billion from EUR 3 billion as the ...
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.