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PUMA

Every story tagged PUMA on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged PUMA

52 stories in this topic

puma
Rajiv MenonFashion

Puma plans job cuts as US demand weakens, outlook dims

Puma on Wednesday announced job cuts and warned of uncertain US consumer demand. The German sportswear group’s shares slumped 23 percent in the wake of disappointing quarterly and annual forecasts issued a day earlier. The grim outlook, which follows weak…

puma
Aiko TanakaFashion

Puma opens its first flagship in Vietnam

Sportwear retailer Puma has launched its first flagship in Vietnam, following the opening of its largest Southeast Asian store in Malaysia. The store is located in the centre of Ho Chi Minh City, in the Vincom Dong Khoi shopping mall, and offers a broad…

puma
Maria SantosFashion

Puma to launch compostable shoes after a two-year pilot project

After two years of testing, sports giant Puma is ready to launch its compostable shoes dubbed Re:suede 2.0. Puma will create 500 pairs of the commercial version of the sneaker, which went online available for purchase on puma.com/eu and Zalando Plus this…

puma
Aiko TanakaFashion

Puma raises revenue outlook, handling China woes better than Adidas

German sportswear maker Puma reported stronger-than-expected second-quarter earnings on Wednesday and raised its full-year revenue outlook, coping with headwinds in China better than rival Adidas. Puma said its earnings before interest and taxes (EBIT) rose…

puma
Rajiv MenonFashion

Puma South Korea names new CEO

Puma Korea announced on the 12th that it has appointed Lee Na-young as its new CEO. The new CEO is said to be a sales and marketing expert with more than 20 years of experience in the distribution industry related to sporting goods and food and beverages. She…

puma
Aiko TanakaFashion

Puma celebrates women’s diversity with Mayu Girls campaign

Look around you. Each and every woman you see has a story to tell — an inspiring one, a tickling anecdote or one that is hard to chew. These stories of everyday women represent their values and fighting spirit, as well as their goals and adventures that they…

puma
Maria SantosFashion

Puma’s China sales slowly up

After a pandemic-served beatdown last year, Puma has clawed its way to recovery. On February 24, the German sportswear giant reported that sales jumped 9 percent to 1.52 billion euros in the last three months of 2020 — a promising upswing from the 55-percent…

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