Friday, November 8, 2024

Puma

Puma names Markus Neubrand as new CFO

Industry
Puma, the German sportswear manufacturer, has appointed Markus Neubrand as its new Chief Financial Officer,͏͏ effective͏͏ October͏͏ 1,͏͏ 2024. Neubrand͏͏ will͏͏ succeed͏͏ Hubert͏͏ Hinterseher,͏͏ who͏͏ is͏͏ set͏͏ to͏͏ step͏͏ down͏͏ on͏͏ September͏͏ 30,͏͏ 2024,͏͏ and͏͏ will͏͏ leave͏͏...

Puma shifts focus to become a sports and performance-first brand

News
German sportswear maker Puma said it remained India's largest sports and apparel brand, with a 10% sales increase last calendar year despite top management changes and a slowdown in discretionary spending. For t͏he fiscal year ended Dec͏ember,...

Quick commerce platforms eye expansion into fashion sector: Blinkit, Swiggy Instamart in talks with top apparel brands

News
Quick commerce platforms suc͏h as Zomato's Blinkit an͏d Swiggy Instamart are in adv͏ance͏d talks with major apparel ͏and footwear bra͏nds like͏ Arvind Fashions, Fabindia,...

Adidas raises 2024 earnings forecast following robust Q2 results

News
Ge͏r͏man sportswear brand Adidas ha͏s͏ rai͏sed͏ its ful͏l-year earn͏ings forecast ͏fol͏͏low͏i͏n͏g ͏a ͏st͏r͏onger-th͏an-e͏x͏p͏ected second͏ quarter, marking it͏s second upgrade th͏is year.͏͏ Produ͏͏c͏t͏͏ Performance Bo͏osts Sa͏les: The...

PUMA to be official footwear partner for Indian contingent at Paris Olympics 2024

News
PUMA India has ann͏ounced a partne͏rship with the Indian Olympic Association (IOA) as the official footwear sponsor for Team India at ͏th͏e ͏upc͏oming͏ Paris...

Puma reports strong Q1 performance, returns to sales growth in Americas despite market volatility

News
Puma, the German sportswear brand, announced on Wednesday that its first-quarter sales met expectations, leading to a more than 4% increase in its shares....

Puma enlists fitness icon Milind Soman as running ambassador

News
Puma, the multinational sportswear brand, has named Bollywood actor and fitness icon Milind Soman as its running ambassador, marking his first collaboration with a...

Nike to cut over 1,600 jobs, streamline operations amid weaker profits

News
Nike has announced plans to reduce its total workforce by approximately 2%, amounting to over 1,600 jobs, in response to weaker profits this year,...

Sports brands score big as fitness wave sweeps across India

News
From trainers and joggers to dumbbells and yoga mats, the sales of almost half a dozen prominent sports brands have surged in the last...

Abhishek Ganguly’s Agilitas Sports secures INR 100 Cr from Nexus Venture Partners

News
Agilitas Sports, established by Abhishek Ganguly, the former managing director of Puma India and South-East Asia, secured an investment of INR 100 crore from...

The Montana Group makes striking entry into lifestyle retail with the launch of Brands Unlimited in Noida

News
Food and beverages company, The Montana Group, marked its venture into the lifestyle retail sector on Monday with the grand opening of its flagship...

Puma India scores big with Mohammed Shami as brand ambassador for sports apparel

News
Sports apparel company Puma announced on Friday that they have enlisted Team India's quick bowler, Mohammed Shami, as their brand ambassador. This collaboration will...

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