Puma shares ended the day down 22.8% at 32.3 euros, their worst day ever and hitting their lowest level since February 2018. Catch all the Business News , Market News , Breaking News Events and Latest ...

Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.

Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected ...

German sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to bolster profits.

Adidas' sales and profitability are on the rise in FY24. Read why ADDYY stock is primed for continued growth, especially with Nike’s current struggles.

Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source who took part in a meeting where the figure was announced told Reuters on ...

Goldman Sachs analyst Richard Edwards maintained a Hold rating on adidas AG (0OLD – Research Report) today and set a price target of €280.00.

Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.

Adidas AG reported an operating profit in the fourth quarter, rebounding from a loss the prior year, and exceeded its ...

Adidas’ e-commerce gives the company greater control over its brand and pricing. The firm has increased its digital capabilities and cut wholesale accounts. Its e-commerce sales were about EUR 4 ...

Adidas on Tuesday said that its operating profit jumped fivefold last year, as the German sportswear giant moves past a ...

Adidas AG (OTCQX:ADDYY) (OTCQX:ADDDF) rose again on Wednesday as the investors and analysts latched on to the ...