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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...
Magic Sawe dust, runs up brand valueWith an incredible display of endurance, Sabastian Sawe made history in London by breaking the elusive two-hour marathon barrier, all while...
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.
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...
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...
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 ...
European shares fall as technology, sportswear makers slidePersonal and household goods sector lost 0.6%, as Adidas and Puma fell 6.1% and 4.4%, respectively, after U.S. peer Nike cut its annual sal...
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...
Winners of ET Startup Awards 2023; HR executives booted out by GooglePowerful contenders, an eminent jury, in-depth dossiers, tension-packed tiebreakers… The meeting to finalise the winners of the Economic Ti...
Best Puma Sports Shoes for Men in India for Better Performance While ExercisingWe all love to have stylish and sturdy shoes in our gym shoes collection and if you are someone looking for the same here, then please cont...
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...
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...
European shares rise after Monday's bruising sell-offThe pan-European STOXX 600 added 0.9 per cent as of 0821 GMT, with miners and oil stocks leading gains on the back of higher copper and cru...
Love Virat Kohli's style? Puma unveils collector's edition at Rs 19,999Named Virat Kohli X PUMA Gold Spike 19.1 Collector’s Edition, these are a tribute to the Team India captain.
Puma top global lifestyle brand in India; posts highest revenue in 2014Puma is in the process of buying out its retail JV partner Knowledge Fire's 49% stake, for which it received the government nod earlier thi...
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...
- Global sports-goods brands not game for mass market
Global sports-goods brands are gravitating towards Indian sport, but not towards the price-sensitive Indian consumer.
- Brands like Tommy, Esprit on a high
Riding on the back of high aspirational value, strong branding and high margins, international brands in the country have got off to a good...
- 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...
- French co buys 27% in Puma for $7bn
The offer is 16% more than Puma’s closing price on April 4, the day before the shares surged on speculation of a PPR bid