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Puma shares dive after warning of full-year loss

Puma shares dropped 16% on Friday after the German sportswear brand said it now expects an annual loss as sales decline and U.S. tariffs...

Puma to cut 500 jobs worldwide

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

Rare albino puma cub born in Nicaragua zoo

Curled up in a zoo in central Nicaragua, eyes alert and ears pricked, a puma is nursing her month-old snow-white cub. The tiny, pink-nosed puma...

Puma’s Gulden to head rival Adidas

Bjorn Gulden, who has led Puma since 2013, will move to the sportswear maker's bigger rival, Adidas, as chief executive from Jan. 1, Adidas...

Adidas pushes online sales and sustainability in five-year plan

Like rivals Puma and Nike, Adidas will put a bigger focus on the women’s market, announcing a partnership with Peloton, which has seen a surge of subscribers during the pandemic

Bolt wants to be ‘among best players in world’

PARIS: Usain Bolt conquered athletics and now the fastest man on the planet says he wants to become among the top players in world...

Nike ahead of Adidas in Europe football deals

BERLIN: U.S. sportswear group Nike will supply shirts to more teams in the top five European football leagues this season than Adidas, but Adidas has cornered the most lucrative clubs, a study showed on Wednesday.
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