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PUMA STAKE SALE
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 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...
- China's Anta Sports muscles in with $1.8 billion move for 29.1% Puma stakePuma stake sale: Puma has been under pressure as demand weakened, and recent sneaker launches, including the Speedcat, failed to generate ...
- 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...
- Cricketer Jasprit Bumrah backs luggage startup Uppercase as an investorThe partnership includes co-developing a product line for sportspersons. This reflects a wider trend of cricketers turning investors. Upper...
- Spring Marketing Capital picks up stake in Agilitas SportsAgilitas has been expanding its core team and scaling operations over the past year. It is now focusing on marketing efforts with the new p...
- 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...
- Lululemon sinks 17% as annual forecasts disappointNike shares fell 8% as it plans to focus on trendier sneakers, while Lululemon Athletica dropped 17% due to declining demand for premium at...
- Puma India head Abhishek Ganguly’s new startup raises $52 million fundingGanguly, who is leaving the German sports and apparel maker in August, told ET that Agilitas Sports will look to partner and invest across ...
- US retailer Foot Locker in talks with Metro Brands to enter IndiaFoot Locker, one of the biggest footwear retailers in the world, explored partnership with other retailers, too, for its India entry, but a...
- Softbank to buy $2.8 billion stake in Norway robotics firmThe deal is the latest bet by SoftBank, which has spent heavily on some of the tech world's hottest start-ups and biggest names, ranging fr...
- European stocks seek direction after Wall Street rallyGlobal markets saw a relief rally as U.S. President Donald Trump was discharged from the hospital on Monday following treatment for COVID-1...
- Ecommerce companies Flipkart, Amazon log out of deep discountsOnline marketplaces treading cautiously after February tweak in ecommerce policy.
- Puma edges past rivals in India sales to emerge as top sportswear brandPuma reported sales of Rs 1,157 crore for a period of 12 months ending December 2018 up from Rs 958 crore for the corresponding period a ye...
- Skechers buys Future Group's 49% in joint venture for independent runWhile the company didn't disclose the deal size, officials said Skechers paid nearly Rs 580 crore for the 49% stake that it doesn’t hold in...
- Hrithik Roshan planning to invest in more startupsScouts in education, health, fitness and lifestyle space to add to the HRX brand
- Puma goes for solo ride in India, acquires local partner Knowledge Fire’s stake in joint ventureWith the acquisition of the partner’s 49% stake, Puma also inherits a network of about three dozen companyowned outlets, a person aware of ...
- 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...
- Adidas, Reebok kickstart integrationGlobal sports goods companies, Adidas and Reebok, have kickstarted the process of integrating their resources in India, with Adidas’ $3.8 b...
- 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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