Adidas wants to ensure “long-term success”, while Puma aims to cut costs, including through “personnel expenses”. Read more at straitstimes.com.

German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job ...

We view Puma as a leader in global sportswear but do not believe it has achieved a competitive advantage. Since 2014, Puma’s annual sales have risen to nearly EUR 9 billion from EUR 3 billion as the ...