European markets close higher; Puma shares slide 23% after sales miss
European stocks closed higher on Thursday after positive momentum was seen throughout the week. The pan-European Stoxx 600 was up 0.45%, the FTSE 100 added 0.23%, while Germany's DAX rose 0.77%, ...
Puma shares plunge 23% as weak profit shakes confidence
Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected ...
Ghana Premier League50m
PUMA pays working visit to Football Association to solidify long-standing partnership
Manager of Sports Marketing, PUMA - Anatanas Ackermann, has paid a working visit to the Ghana Football Association (GFA), where he met with President Kurt ...
Puma Launches ‘Next Level’ Cost Savings Plan After Profit Miss
As a result of these earnings, Puma noted that it initiated a cost efficiency program with the objective to achieve an EBIT margin of 8.5 percent by 2027. This is set to be achieved by optimizing ...