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Puma faces weak U.S. demand, plans job cuts

Puma Will Cut 500 Positions Globally as Part of a Cost-Cutting Plan

Job reductions will be implemented at the group’s headquarters in Germany and in regional offices. The company has a total workforce of 22,500.

Reuters on MSN · 1d

Puma faces weak U.S. demand, plans job cuts as shares plunge

Puma on Wednesday announced job cuts and warned of uncertain U.S. consumer demand as the German sportswear group's shares slumped 23% in the wake of disappointing quarterly and annual forecasts issued a day earlier.

Hindustan Times on MSN · 7h

Puma to cut 500 jobs worldwide and shut unprofitable stores over weak US demand

This comes right after the German sportswear maker posted disappointing quarterly and annual forecasts a day before, resulting in its shares slumping 23%.

Rihanna, Barbados and Puma

People · 5h

Rihanna Parties in Barbados As She Celebrates Fenty x Puma, Plus Robert Pattinson, Dakota Johnson and More

Rihanna Parties in Barbados as she Celebrates Fenty x Puma, plus Robert Pattinson, Dakota Johnson and more. From Texas to Paris and everywhere in between, see what your favorite stars are up to.

Essence on MSN · 19h

Rihanna Debuts New Fenty X PUMA Avanti LS At Barbados Launch Party

To a kick-off party celebrating Rihanna’s Fenty X PUMA launch in the Barbados, the entrepreneur and artist wore a new Avanti LS silhouette. The street style savant also gave us a case study in going-out attire.

Marie Claire US on MSN · 1d

Rihanna Pairs Her New Fenty x Puma Jelly Sneaker With a Bikini Top and Baseball Jersey

Like her new shoe line, this look was classic Rihanna. The singer often brings out her most colorful 'fits to coordinate with her shoe designs. At her last Fenty x Puma release pa

2hon MSN

PUMA Announces Changes Amid Growing US Fears

The German giant plans to cut five percent of its global workforce, as it warns "trade disputes" and "geopolitical tensions" ...

1don MSN

Puma’s stock dives to near 9-year low as ‘trade disputes’ hit sales of sports apparel

Shares of Puma tumbled to a near nine-year low on Wednesday after the German sportswear group warned that geopolitical ...

Puma Shares Tumble on Profit Warning for 2025, Despite Growth in 2024

The German sportswear brand expects growth this year to be in the low- to mid-single digits amid ongoing political and ...

GlobalData on MSN1d

Puma issues cautious 2025 outlook despite FY24 4.4% sales rise

German sportswear brand Puma has issued a caution for 2025 despite achieving sales growth on a currency-adjusted basis and an ...

1don MSN

Puma to cut 500 jobs worldwide in cost-cutting programme

Puma will cut 500 jobs worldwide as part of its cost-reduction programme, its CFO said after the German sportswear group late ...

15h

Rihanna’s Fenty x Puma collection is dropping, and ‘we found love’ with these new sneakers and cleat jelly shoes

Don't miss out on this new Fenty x Puma collaboration with Rihanna as these one-of-a-kind sneakers, cleat jelly shoes and ...

Puma SE (PMMAF) Q4 2024 Earnings Call Highlights: Record Sales Amidst Profitability Challenges

Puma SE (PMMAF) achieves its highest sales ever, but faces hurdles in translating growth into increased profitability.

20h

PUMA's Sales Climbed 4% in 2024

Arne Freundt, CEO of PUMA, said he was “pleased” with the company’s “solid sales growth.” He added, “We made significant ...

Marketing Week1d

Puma perceptions up after ‘prioritising’ brand health over short-term sales

Puma has pledged to reinvest “freed-up” resources from its efficiency programme into brand and product to complement its ...

Puma shares tumble 23% as group blames trade disputes for sales slowdown

Puma has warned that trade uncertainty and geopolitical tensions will hit sales growth this year, sending the German ...

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Puma faces weak U.S. demand, plans job cuts

Rihanna, Barbados and Puma

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