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PUMA SALES DECLINE
Indian brands are disrupting sneakers — one ₹5,000 pair at a time. But can they earn trust?Sneakers are now a fashion statement in India. Local brands are entering the market with competitive prices and cultural relevance. These h...- Puma expects another annual loss; cancels dividend in turnaround drivePuma has cancelled its dividend and anticipates an annual loss in 2026. Chief Executive Arthur Hoeld is leading a turnaround for the German...
- China's Anta Sports and Li Ning exploring bid for Puma, source saysChinese sportswear giants Anta Sports and Li Ning are reportedly looking at buying German brand Puma. Puma's market value has dropped signi...
- School Assembly News Headlines for 31st October: Top national, international, sports and business updatePrime Minister Modi invited international investment in India's maritime sector, while India reaffirmed its commitment to Afghanistan's sov...
- 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...
- Puma caught between tariff fears and weak US demand as it discounts stock, plans price hikesPuma is grappling with the consequences of its earlier strategy to front-load shipments to the U.S. to avoid tariffs. This move has led to ...
- Sachin Tendulkar pads up to venture out with a new sports brandSachin Tendulkar is set to launch sports athleisure brand with former Swiggy Instamart head Karthik Gurumurthy. Incubated by Whiteboard Cap...
- Puma Q1 Results: German sportswear company returns to sales growth in Americas despite 'volatile' marketCurrency-adjusted sales rose 0.5% to 2.10 billion euros ($2.26 billion), in line with the 2.1 billion expected by analysts, Refinitiv data ...
- Sports apparel and footwear companies outrun fast-fashion and lifestyle rivals since the onset of Covid-19Companies such as Decathlon, Asics, Puma, Skechers and Reebok grew 7-24% in the year ended December 2020, significantly outpacing apparel r...
- Puma India notes premiumisation as a counter-intuitive trend as consumers divert funds this festive quarter"Pop-up stores will be an ongoing exercise as it is helping us build relationships with customers even after the pop-up leaves the society....
- Team India kit sponsorship: Puma buys bid document, Adidas could also enter frayAs far as Puma is concerned, it has had an increased interest in the Indian market over the years especially through IPL but now it also ha...
- Consumer goods’ festive sales hit a four-year highCompanies say sales aided by pent-up demand, buoyant stocks and 0% interest schemes.
- When end of season sales don’t work, plan more salesDoomed discounts: Weak sentiment, slowdown keep consumers at bay
- Demonetisation: Cash-less buyers force brands to offer freebiesWhile stores take a leaf out of the typical ecommerce strategy of cashbacks, online retailers have substantially increased discounts for cu...
- Weekend sales crash by half at malls and markets as people go cashlessSeveral cash-based traditional markets shut shops early as there were hardly any customer carrying cash for big-ticket purchases.
- Capillary Technologies eyes Rs 285 crore funding from Warburg & CoCapillary’s valuation after its third round of institutional fundraising is estimated to be $170-180 million (Rs 1,080-Rs 1,140 crore).
- Heavy online discounting hurts franchisees' expansion plansPuma has stopped selling some high-end products on e-commerce sites. Next season, it will fully separate lines for the two retail avenues.
- Gucci owner Kering may acquire sports brandsAny deal will hinge on Kering’s ability to reverse the fortunes of Puma, Europe’s second-largest sporting-goods maker, which has been under...
- India only exception in Asia/Pacific region for Q3 sales: PumaPuma said India is the only exception in Asia/ Pacific region which delivered a good performance with increased sales in running & lifestyl...
- Indian stores of global brands rake in moolahScores of leading international brands are realising that some of their stores in third world India are among their most successful across ...
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