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

EUROPEAN shares closed higher on Thursday, buoyed by President Donald Trump’s address to the World Economic Forum in Davos, ...

Just a day after Adidas reported solid results, Puma said fourth-quarter sales rose 9.8% - below the 12% forecast by analysts.

German sportswear giant Adidas plans to adjust structures at its company headquarters in southern Germany and possibly also reduce the number of employees at the site by 5,800. A company spokeswoman ...

Puma shares ended the day down 22.8% at 32.3 euros, their worst day ever and hitting their lowest level since February 2018. Catch all the Business News , Market News , Breaking News Events and Latest ...

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Puma's market value dropped over 22% after reporting lower than anticipated Q4 sales and a decline in annual profit. The ...

Shares of the German sportswear brand Puma fell by 18 percent on Thursday, following disappointing financial results. The stock's decline came after Puma reported lower-than-expected fourth-quarter ...

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.

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

Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source who took part in a meeting where the figure was announced told Reuters on ...

By Helen Reid (Reuters) -Puma shares slid more than 18% on Thursday after the German sportswear brand reported lower than ...