Puma Plunges After Profit Warning Highlights Adidas’s Lead
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability targets in a painful contrast to cross-town rival Adidas AG. Most Read from BloombergWhat Happened to Hanging Out on the Street?
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 ...
Adidas could turn to job cuts in operating model ... according to court records. That’s how much Puma’s net sales grew in Q4, according to preliminary results released Wednesday.
German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job ...
GERMAN sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts ...
Puma lost more than a fifth of its market value on Thursday after the weak quarterly results highlighted the work Puma still ...
Adidas plans to layoff up to 500 jobs at its headquarters in Germany, media reports said. CEO Bjoern Gulden is intending to ...
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