Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...

EUROPEAN shares closed higher on Thursday, buoyed by President Donald Trump’s address to the World Economic Forum in Davos, ...

Just a day after Adidas reported solid results, Puma said fourth-quarter sales rose 9.8% - below the 12% forecast by analysts.

German sportswear giant Adidas plans to adjust structures at its company headquarters in southern Germany and possibly also reduce the number of employees at the site by 5,800. A company spokeswoman ...

German sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to bolster profits.

Puma SE shares opened 16 percent lower in Europe on Thursday morning after a pre-announcement of 2024 fourth quarter and full ...

Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source who took part in a meeting where the figure was announced told Reuters on ...

By Helen Reid (Reuters) -Puma shares slid more than 18% on Thursday after the German sportswear brand reported lower than ...

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.

Puma shares slid 18% on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a ...

Puma (PMMAF) launched a cost-cutting programme on Wednesday after the German sportswear-maker missed its full-year profit ...

Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.