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 ...
The Citizen15d
Why Puma Energy remains a standout economic growth contributor
Winner for Company ... Puma Energy Managing Director Fatma Abdallah said they were excited to have collected those trophies, com­menting that: “We really thank TRA and the Government for this prestige ...
Indiatimes17d
Economic Times Leadership Dialogues: Company boards must evolve to stay effective amid change, say experts
Company boards must evolve to address modern challenges driven by economic, geopolitical ... "Last year, Deloitte conducted a survey titled The Chair of the Future, where we engaged with over 30 ...
Daily Express19d
Russian economic meltdown as company bankruptcies explode and banks face bad loans crisis
The Russian economy has been buffeted by a growing economic storm that has seen the ... for many export-orientated companies. As a result, company bankruptcies have surged since 2021 despite ...
India Today20d
What keeps employees loyal to their company? HR survey says…
Survey shows career growth key for senior professionals. Entry-level workers value continuous upskilling opportunities. Employees tend to stay longer in a company that fosters a culture of innovation ...
Nasdaq22d
European Stocks Close Weak As Investors React To Earnings, Economic Data
The company has decided to buy back own shares worth up to a maximum 5 billion euros over the next two years. HeidelbergCement, Puma ... posted moderate gains. In economic news, Eurozone consumer ...
Nasdaq22d
PUMA’s Sustainability Efforts for Climate, Water Security and Forests Receive ‘Leadership Level’ Scores From CDP
HERZOGENAURACH, Germany--(BUSINESS WIRE)-- Sports company PUMA has received strongly improved scores for its sustainability efforts regarding water security and forests and maintained a top score ...