Puma to cut 500 jobs worldwide and shut…

[ad_1] Puma announced on Wednesday that it will be cutting 500 jobs worldwide as well as close some unprofitable stores due to uncertain US consumer demand. A Puma Speedcat OG sneaker is displayed at a…

European Stocks Close at Record; Puma Sinks on…

[ad_1] (Bloomberg) -- European stocks closed at a record high, as corporate earnings kicked into high gear. The Stoxx Europe 600 Index gained 0.4% to close at 530.34, notching an all-time closing high. EQT AB…

Puma shares plunge 23% after Q4 profit misses…

[ad_1] Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop in annual profit, raising questions about its ability…