China's Anta Sports muscles in with $1.8 billion move for 29.1% Puma stakePuma stake sale: Puma has been under pressure as demand weakened, and recent sneaker launches, including the Speedcat, failed to generate ...
27 Jan, 2026, 06.18 AM IST
Puma to cut 13% of its workforce as sales continue to declineGerman sportswear brand Puma said on Thursday it will cut 13% of its global workforce, or about 900 jobs, by the end of 2026 as sales conti...
30 Oct, 2025, 01.57 PM IST
Puma shares surge 10% after media report investors are preparing for takeoverShares in Puma jumped 10% on Wednesday, with traders pointing to a media report that two parties were preparing for a potential takeover of...
17 Sep, 2025, 08.38 PM IST
Adidas warns of higher costs from US tariffs, confirms outlookAdidas confirmed its 2025 guidance but anticipates higher U.S. import tariffs will increase product costs. CEO Bjorn Gulden highlighted the...
29 Apr, 2025, 12.05 PM IST
Adidas investigates bribery allegations in China"Adidas takes allegations of possible compliance violations very seriously and is clearly committed to complying with legal and internal re...
16 Jun, 2024, 11.52 PM IST
Adidas surges as strong momentum helps Q1 beat, triggers outlook hikeShares were up 6.6% by 0905 GMT, topping pan-European STOXX 600 index and tracking their biggest daily gain in almost a year.
17 Apr, 2024, 01.54 PM IST
Nike deal ends German soccer's long-standing partnership with AdidasGerman teams wore Adidas gear for all four of the men's World Cup titles, their three European titles, and the women's two World Cup and ei...
22 Mar, 2024, 12.48 AM IST
Adidas tackling duplicates of Team India blue jerseys, says general managerAdidas India, the local arm of the German sportswear company, signed an exclusive kit partner deal with the Board of Control for Cricket in...
30 Oct, 2023, 12.42 AM IST
Kit sponsorship deal with Adidas runs until 2028, BCCI saysBCCI secretary Jay Shah, who confirmed the deal with the German sportswear giant on Monday, said Adidas would design and manufacture jersey...
23 May, 2023, 12.51 PM IST
European shares fall as Powell signals bigger rate hikesThe index posted its steepest one-day fall in nearly two weeks on Tuesday after Powell, at a hearing before the Senate Banking Committee, s...
08 Mar, 2023, 01.58 PM IST
European shares hover at eight-month highs as virus' economic risks weighBanking, travel and leisure, and energy stocks were among the biggest gainers in early trading following gains of more than 7% on Monday.
10 Nov, 2020, 02.37 PM IST
India is driving Puma’s global growth: CEOPuma operates 365 owned stores in India, and over the past three years, has signed up cricketer Virat Kohli, boxer Mary Kom, footballer Sun...
24 Feb, 2020, 06.57 AM IST
SFIO finalising report into alleged fraud at ReebokThe Serious Fraud Investigation Officer is finalising its report into the alleged financial irregularities at sportswear maker Reebok India.
18 Mar, 2013, 06.39 PM IST
- Puma targets 30% market share, to open 100 more outlets
The global sports and lifestyle brand Puma is aiming to capture about 30 percent of the organised retail sportswear market
25 Sep, 2011, 01.17 PM IST
- Adidas reports stronger sales
The German sportswear and equipment company Adidas said on Monday that Euro 2008 football-related sales were already 50 percent stronger th...
16 Jun, 2008, 07.55 PM IST
- Nike to buy Umbro for $ 582 mn
US sportswear giant Nike ventured further into the British football market on Tuesday after agreeing to buy rival Umbro, maker of the Engla...
24 Oct, 2007, 04.59 AM IST
- Adidas to invest 100 mn pounds in 2012 Olympics
Adidas will invest 100 million pounds ($200.1 million) in the 2012 Olympic games marking the biggest single investment the firm has ever pu...
20 Sep, 2007, 05.30 AM IST