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PUMA STOCK SURGE
FIFA 2026: Brokerages bet on sector winners as soccer World Cup set to kick offThe 2026 FIFA World Cup will bring billions to host nations. Analysts expect a surge in spending on hotels, airlines, and retail. Beer sale...- European shares climb on corporate updates; Puma leaps on Anta stake saleEuropean equities climbed on Tuesday, supported by a raft of positive corporate updates that eased investors' concerns over recent trade te...
- Capillary Technologies shares rocket up to 13% after tepid debut. Should you buy, sell or hold the stock?Capillary Technologies rebounded sharply after a weak stock market debut, with shares jumping up to 13% intraday despite listing at a disco...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian markets rose for a second straight session on Wednesday, with Sensex up 313 points and Nifty gaining 91 points, supported by optimis...
- Myntra bets on quick commerce; more CCPA queries for OlaOnline fashion retailer Myntra is aiming for faster delivery to customers with a new 30-minute service. This and more in today’s ETtech Top...
- Global, domestic brands bet big on smaller citiesMost non-metro cities are established trade and business hubs and are now witnessing multinational corporations and start-ups setting up of...
- Ola’s valuation slashed 35% to $4.8 billion; ONDC caps incentives for sellers, discounts may reduceLate-stage startups in India are hit by valuation markdowns, a trend which unfolds during all downcycles in technology. After Byju’s, Swigg...
- Lifestyle products sport higher price tags on supply woesThe supply issue in lifestyle categories is similar to that of cars, smartphones, laptops, televisions and refrigerators, which saw a short...
- Miners, mixed earnings drag down European stocksThe pan-European STOXX 600 fell 0.2 per cent but held just below its record high hit in August. Miners fell 1.4 per cent as Beijing's lates...
- Campus Shoes to launch $300 mn IPO next year, hires bankersAbout 4 bankers – Kotak Mahindra, JM Financial, Bank of America Merrill Lynch and CLSA have been hired to run the IPO process. DRHP will be...
- Push for electronics, smartphones: Pent-up demand flows in as Covid wave recedesBrands, retailers and online marketplaces said there has been a 10-15% spurt in sales from the year earlier as lockdowns started easing in ...
- European stocks extend recovery ahead of PMIs; Adidas jumpsThe German DAX rose 1%, with Puma and Adidas up over 4% after U.S. sportswear maker Nike reported strong earnings and forecast better-than-...
- Amazon, Flipkart expect big jump in festive sales; ask sellers to place large orders with brandsFive executives aware of the business projections said the two companies expect consumers will increasingly do their festive-season shoppin...
- End of sales season? Retailers see washout as consumers stay away from malls, online shoppingTwo weeks after brands such as H&M, Shoppers Stop, Lifestyle, Marks & Spencer, Jack & Jones, and Tommy Hilfiger started their bi-annual meg...
- 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.
- Twin deficits threaten to unsettle Pak; PM rules out devaluationPakistan’s current account gap more than doubled to $12.1 billion in the year ended June.
- GST triggers another '80%' online sale for Flipkart, AmazonSellers on Flipkart and Amazon are offering apparels, furniture and books at absurdly low price points as they look to dispose off their st...
- 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...
- Electronics & mobiles may not be cheaper this diwali as ecommerce cos like Amazon, Flipkart to protect profit marginsShoppers may not get cheaper rates on clothes, shoes, electronics and mobile devices this festive season as e-comm companies look to protec...
- French co buys 27% in Puma for $7bnThe offer is 16% more than Puma’s closing price on April 4, the day before the shares surged on speculation of a PPR bid
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