Puma announces harsh decision amid declining sales
According to a new press release, Puma said that the drop in sales is due to “ongoing geopolitical tensions and economic ...
PUMA Announces Changes Amid Growing US Fears
The German giant plans to cut five percent of its global workforce, as it warns "trade disputes" and "geopolitical tensions" ...
Puma to cut 500 jobs worldwide and shut unprofitable stores over weak US demand
This comes right after the German sportswear maker posted disappointing quarterly and annual forecasts a day before, ...
Puma Will Cut 500 Positions Globally as Part of a Cost-Cutting Plan
Job reductions will be implemented at the group’s headquarters in Germany and in regional offices. The company has a total workforce of 22,500.
European markets rally as U.S. inflation rises less than expected, EU retaliates to Trump's tariffs
European markets are heading for a sharply higher open amid hopes that a ceasefire can be reached to pause the war in Ukraine.
Consumer Cos Down After Warnings From Kohl's, Dick's, Delta -- Consumer Roundup
Shares of department store chain Kohl's plunged by more than 20% after it cut its dividend and warned of another decline in fiscal 2025 sales, a sign that new Chief Executive Ashley Buchanan's ...