PUMA
Companies

Anta Sports To Buy 29% Stake In Puma For $1.8 Bn

The transaction is likely to close by the end of 2026, subject to relevant regulatory approvals and customary closing conditions

Read More
Companies

Virat Kohli Brings His One8 Brand Under Agilitas Sports’ Umbrella

Virat Kohli’s lifestyle brand One8 will be housed and scaled under Agilitas, he informed through a post on X

Read More
Companies FMCG

Puma To Slash 900 Jobs In Bid To Revive Business

Puma to cut 900 global jobs after weak sales; a day earlier, Amazon reported plans to lay off up to 1,000 staff in India amid AI focus.

Read More
Brands Companies Consumer

Puma Grapples With Excess Inventory Amid Declining Sales: Report

Puma no longer expects to achieve the currency-adjusted sales growth previously anticipated for the remainder of 2025

Read More
Adidas Swings To Loss In 2023, Bets On Core Brands After Kanye West Split
Brands Companies consumer

Adidas, Puma Likely To Follow Nike In Price Hike Strategies: Report

Earlier, as part of its business evaluation and seasonal planning, Nike, a footwear retailer, is planning to increase the prices of a few products from next week

Read More
Companies Consumer

Puma Sees Gross Profit Margin Dip, Flat Sales In Q1

Puma is expecting the currency-adjusted sales to grow in the low- to mid-single-digit percentage range in the current year

Read More
Adidas Swings To Loss In 2023, Bets On Core Brands After Kanye West Split
Brands Companies Fashion & Lifestyle Finance News

Adidas Swings To Loss In 2023, Bets On Core Brands After Kanye West Split

German sportswear giant Adidas posted its first loss in more than 30 years in 2023 on Wednesday as CEO Bjorn Gulden works to turn the brand around after a messy break-up with rapper Kanye West. Adidas has been battling to right itself after it cut ties with West in October 2022, suspending sales of the […]

Read More
Marks & Spencer Co-CEO Katie Bickerstaffe Steps Down: Report
Brands Companies News

M&S Adds Puma & Reebok To “Brands At M&S” Portfolio

British retailer Marks & Spencer said on Thursday that it has partnered with Puma and Reebok to expand its external brand portfolio. M&S said that approximately 140 goods from athletic companies would be added to its website in February and March. The firm started its “Brands at M&S” plan in 2021 to attract younger customers, […]

Read More
Companies News People

PUMA Named Karthik Balagopalan As Managing Director For India Operations

PUMA has announced the appointment of Karthik Balagopalan as the new Managing Director of PUMA India and he is set to lead PUMA’s operations in the country. Balagopalan has been with PUMA since 2006, he has held various management positions within the company, including Retail operations and Business Development at PUMA India. In his new […]

Read More