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PUMA PROFIT DROP
Puma shares plunge 23% as weak profit shakes confidencePuma's market value dropped over 22% after reporting lower than anticipated Q4 sales and a decline in annual profit. The company aims to in...23 Jan, 2025, 10.33 PM IST- Puma shares plunge 18% after sales and profit missPuma shares slid more than 18% on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop i...23 Jan, 2025, 05.42 PM IST
- European stocks little changed as investors assess mixed earningsEuropean shares were flat on Thursday, hovering below a record high touched in the previous session, as a drop in technology shares offset ...23 Jan, 2025, 02.38 PM IST
- Indians turning clock back on smartwatches; shipments fall 45%YoY in the September qtrIndians are rediscovering the charm of analogue watches. Smartwatch sales are declining. Consumers want simpler, more elegant timepieces. E...14 Dec, 2024, 06.22 AM IST
- European shares open higher on earnings-driven optimismThe pan-European STOXX 600 was up 0.3%, as of 0720 GMT, to its highest levels in more than one month08 May, 2024, 01.32 PM IST
- Nike shares slide 8% as switch to newer styles to squeeze revenueThe company anticipates lower sales, focusing on trendier sneakers. It aims to revive its running shoe category and launch Air Max Dn. Conc...22 Mar, 2024, 07.46 PM IST
- E-commerce platforms can't become haven for counterfeiters: Delhi HCThe Delhi High Court observed that e-commerce websites are commercial ventures and are inherently profit oriented, which is not objectionab...06 Jan, 2024, 04.10 PM IST
- Puma sticks to full-year profit forecast despite drop in Q3 earningsPuma's operating profit was 236.3 million euros ($252.3 million) for the third quarter, down from 257.7 million a year earlier. Still, the ...24 Oct, 2023, 01.20 PM IST
- European shares edge higher on boost from upbeat earnings, minersUniCredit climbed 1.8% as the Italian bank posted a bigger-than-expected annual rise of 36% in its third-quarter profit, helped by higher i...24 Oct, 2023, 12.58 PM IST
- Retailers on expansion drive as sales return to pre-pandemic levelsCompanies like Landmark Group, Nike, Puma, Levi’s, Skechers, Biba and Blue Stone too are looking to expand as footfalls touched 90-95% of p...11 Nov, 2021, 06.23 AM IST
- As people stay home, Earth turns wilder and cleanerAs people across the globe stay home to stop the spread of the new coronavirus, the air has cleaned up, albeit temporarily. Smog stopped ch...22 Apr, 2020, 04.34 PM IST
- Festive season sales: Ecommerce companies Amazon & Flipkart hand over discount baton to brandsMarketplaces ask cos to offer lowest prices & promise not to sell below landing cost, keep records.02 Oct, 2019, 08.23 AM IST
- Ecommerce companies Flipkart, Amazon log out of deep discountsOnline marketplaces treading cautiously after February tweak in ecommerce policy.16 May, 2019, 01.47 PM IST
- Brick and mortar, online resurgent as retail demand surges to its best in 3 yearsThe fast-moving consumer goods (FMCG) sector expects a boost at the tail end of the December quarter, said B Sumant, president, FMCG busine...06 Oct, 2016, 09.25 AM IST
- Oil traders scrape bottom of the barrel to seek out new fortuneWhile there’s no shortage of bitumen, world’s largest traders are jumping in as the shift in production locations and increased demand crea...14 Jul, 2016, 10.49 AM IST
- Airbus Q1 core earnings down 5%, confirms targetsAirbus Group reported another hefty outflow of cash in the first quarter as it boosts liquidity for major upcoming projects.13 May, 2014, 12.00 PM IST
- Champagne corks popping again in luxury businessChampagne corks are popping again in the luxury business as "It" bags and expensive watches this year sell like hotcakes from Beijing to Ne...01 Aug, 2010, 11.45 AM IST
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