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

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

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

Puma will cut 500 jobs worldwide as part of its cost-reduction programme, its CFO said after the German sportswear group late ...

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 ...

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

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

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

Puma has issued a caution for 2025 despite achieving sales growth on a currency-adjusted basis of 4.4% for FY24.

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