By Helen Reid (Reuters) -Puma shares sank 21% on Thursday after the German sportswear brand reported lower than expected ...

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

Puma's fourth-quarter sales grew 9.8% in currency-adjusted terms, against the 12% growth expected by analysts. Net profit last year fell to 282 million euros ($293 million) from 305 million, in part ...

The Ferrari F1 store will be the best place to buy Lewis Hamilton Ferrari merchandise. You can expect the range to launch ...

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

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 ...

Shares fell after the sporting-goods company posted net income below market expectations and said it was launching a new cost ...

FILE PHOTO: A pair of shoes is shown, next to a drink, as sports retailer Puma launches their sportswear collection in ...

Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected ...

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 ...