Puma shares plunge 23% as weak profit shakes confidence
Puma's market value dropped over 22% after reporting lower than anticipated Q4 sales and a decline in annual profit. The company aims to increase its presence in the competitive sportswear market, dominated by Adidas and Nike,
Puma Plunges After Profit Warning Highlights Adidas’s Lead
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability targets in a painful contrast to cross-town rival Adidas AG. Puma announced belt-tightening efforts on Wednesday and downgraded its profit margin guidance.
Puma shares plunge on profit target downgrade
Puma shares plunged on Thursday morning, after the German sportswear company reported disappointing earnings and downgraded its profitability targets.
Puma shares plunge 18% after sales and profit miss
Puma shares slid more than 18% on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop in annual profit, raising questions about its ability to compete against bigger rivals Adidas and Nike.
Puma shares fall 16 per cent after quarterly sales and profit miss
Puma (PUMG.DE) shares fell by 16 per cent as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit.The weak results late on Wednesday came after rival Adidas reported strong sales and profitability,
LaMelo Ball & Puma team up to create iconic TMNT sneakers (PHOTOS)
Charlotte Hornets star LaMelo Ball and his sneaker sponsor, Puma, are set to release the greatest sneakers of all time.
Puma and Adidas Share Price Performance Gap Gets Even Wider
The gulf in performance between Adidas AG and Puma SE shares since Bjorn Gulden hopped between the German sportswear makers ...
This Red-Hot PUMA Sneaker Is Roaring Back
PUMA has masterfully achieved this with the label’s latest red-hot sneaker, the Speedcat. Inspired by the fast-paced world of ...
The Next It-Sneaker Has Dropped, Here’s How To Style It
Of course, actually finding a sneaker that suits your individual style is sometimes easier said than done. You want something ...
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PUMA LaFrance “Valentine’s Day” sneakers: Reported release date, design details, and everything we know so far
PUMA is reportedly prepared to release LaFrance “Valentine’s Day” sneakers, the latest Valentine’s Day-themed footwear from ...
The First Look at Salehe Bembury x PUMA
Its textured midsole takes a bright blue hue and is defined by its wavy patterning, while the upper is dominated by a lime ...
Fashion People Are Already Wearing the Iconic Sneakers Set to Dominate in 2025
Anita Bryant, a former beauty queen and pop singer of the 1960s whose career led her to become a spokesperson for Florida ...
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"I’m going to need those": Fans excited as Salehe Bembury unveils first images of his PUMA shoes
The global sneaker industry is buzzing with excitement as designer Salehe Bembury reveals the first look at his collaboration ...