Puma to Cut 500 Jobs Worldwide in Cost-Cutting Programme
(Reuters) - Puma will cut 500 jobs worldwide as part of its cost-reduction programme, its CFO said in a conference with journalists after the German sportswear group late on Tuesday gave disappointing forecasts for 2025 and the first quarter due to weak performances in the U.S. and China.
Shares of Puma tumbled to a near nine-year low on Wednesday after the German sportswear group warned that geopolitical ...
Puma SE shares plunged the most on record after the sneaker maker disappointed investors with softer-than-expected results ...
The German sportswear brand expects growth this year to be in the low- to mid-single digits amid ongoing political and ...
Puma has warned that trade uncertainty and geopolitical tensions will hit sales growth this year, sending the German ...
Puma, the famous German sportswear company, has warned of another year of slow growth in 2025. The company's forecast is ...
Whether Adidas can win more American shoppers from market leader Nike will be key to its continued success this year, ...
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