In the wake of its financial disclosure, Puma's stock price experienced a dramatic decline of 25% on the German stock market, a clear indicator of market disappointment. Despite a year-on-year revenue ...

The German giant plans to cut five percent of its global workforce, as it warns "trade disputes" and "geopolitical tensions" ...

German sporting goods manufacturer Puma suffered a drop in profits in 2024 and has been lagging behind its long-time local ...

Job reductions will be implemented at the group’s headquarters in Germany and in regional offices. The company has a total ...

Puma, which sells a range of trainers designed by pop star Dua Lipa (pictured), said first-quarter sales growth would be ...

The German sportswear brand expects growth this year to be in the low- to mid-single digits amid ongoing political and ...

Puma has warned that trade uncertainty and geopolitical tensions will hit sales growth this year, sending the German ...

The German sporting-goods company forecasts sales should rise in the low- to mid-single-digit percentage range on a ...

(Reuters) - Puma will cut 500 jobs worldwide as part of its cost-reduction programme, its CFO said in a conference with ...

Shares of Puma tumbled Wednesday, nearing a nine-year low, after the German sportswear group warned that geopolitical ...

The brand anticipates that ongoing geopolitical tensions and macroeconomic headwinds could dampen consumer confidence and ...