However, a spokesman for the company refused to confirm the job cut number but said that the company structure was ‘too ...

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

Adidas and Puma, two of Germany’s leading sportswear companies, are reportedly planning significant layoffs as they navigate ...

The gulf in performance between Adidas AG and Puma SE shares since Bjorn Gulden hopped between the German sportswear makers ...

Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected ...

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

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.

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

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

Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's ...

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 ...

Puma lost more than a fifth of its market value on Thursday after the weak quarterly results highlighted the work Puma still ...