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PUMA SHARES 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...
- European shares close at record high driven by defence stocksEuropean stocks hit a record high Friday, buoyed by defence and insurance sectors, ending the year on an optimistic note. The STOXX 600 ind...
- Virat Kohli to sell One8 to Agilitas Sports; invests Rs 40 crore for minority stakeCricketer Virat Kohli is selling his sportswear brand One8 to Agilitas Sports. He is also investing Rs 40 crore to acquire a minority stake...
- H-1B shuts out Indian IT; Meesho's grey market popIndian IT firms struggle as H-1B approvals plummet. This and more in today's ETtech Top 5.
- 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...
- 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...
- European shares slip as auto stocks weigh, investors eye US-EU trade talksEuropean shares retreated on Friday, giving back gains from the previous session, as automobile stocks weighed and investors awaited update...
- 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 ...
- Nike sinks over 18% as gloomy sales forecast fans growth concernsNike shares slumped 18.6% in early trade on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the ...
- 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 ...
- Brands' innings with king Kohli likely to continueKohli fronts for close to 30 brands and his annual earnings from endorsements were estimated at Rs 178.77 crore in 2021. The labels include...
- Campus plans to raise up to Rs 2000 crore via IPOBesides TPG, the family office of the promoters of Havells Group — QRG Enterprises Limited - also holds a minority stake in Campus. Togethe...
- 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....
- Harley-Davidson to cut hundreds of jobs as part of turnaround strategyHarley-Davidson's sales have been declining for the past five years in the United States, its largest market, as its baby-boomer customer b...
- Wall Street slides as pandemic tag, gag order report rattle investorsThe losses deepened after global authorities declared the coronavirus crisis a pandemic.
- European shares hit record high on drop in new virus cases, hopes of China stimulusDialog Semiconductor, STMicroelectronics and AMS AG, were among the top performers on the day.
- When end of season sales don’t work, plan more salesDoomed discounts: Weak sentiment, slowdown keep consumers at bay
- 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).
- 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...
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