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.
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Shares of Puma tumbled to a near nine-year low on Wednesday after the German sportswear group warned that geopolitical ...
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Profits at German sportswear firm Puma slip in 2024German sporting goods manufacturer Puma suffered a drop in profits in 2024 and has been lagging behind its long-time local ...
Puma has warned that trade uncertainty and geopolitical tensions will hit sales growth this year, sending the German ...
The German sportswear brand expects growth this year to be in the low- to mid-single digits amid ongoing political and ...
Puma, the famous German sportswear company, has warned of another year of slow growth in 2025. The company's forecast is ...
Puma SE shares plunged the most on record after the sneaker maker disappointed investors with softer-than-expected results ...
Germany's Adidas forecast a lower than expected operating profit for 2025, anticipating sales growth will slow slightly from ...
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