Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected ...
(Reuters) -Puma shares fell by 16% as the market opened on Thursday after the German sportswear brand reported lower than ...
By Helen Reid (Reuters) -Puma shares slid 18% on Thursday after the German sportswear brand reported lower than expected ...
While this increased revenue, it weighed on Puma’s profit margin. The company is aiming to boost its margin through cost cutting, which it said would include reallocating staff to “strategic growth ...
We view Puma as a leader in global sportswear but do not believe it has achieved a competitive advantage. Since 2014, Puma’s annual sales have risen to nearly EUR 9 billion from EUR 3 billion as the ...
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FILE PHOTO: A pair of shoes is shown, next to a drink, as sports retailer Puma launches their sportswear collection in ...
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