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Puma Says Signed A Long-Term Partnership With Brazilian Football Player Neymar Jr
Puma Has Been Profitable in June, July - CEO
Artémis Launches Offering Of EUR 500 Mln Bonds Exchangeable For Puma SE Shares
PUMA SE is engaged in designing, developing, selling and marketing footwear, apparel and accessories. The Company's segments include Europe, Middle East and Africa (EMEA), Americas (North and Latin America) and Asia/Pacific. The Company offers performance, as well as sportstyle products across six business units: Teamsport, Running and Training, Golf, Motorsport, Fundamentals and Sportstyle, and Accessories and Licensing. The Company is engaged in the sale of products from the PUMA and COBRA Golf brands through the wholesale and retail trade, as well as from sales directly to consumers in its own retail stores and online stores. The Company markets and distributes its products across the world primarily through its own subsidiaries. The Company distributes its products in approximately 120 countries. For various product segments, such as fragrances, eyewear and watches, the Company issues licenses authorizing independent partners to design, develop and sell these products.
Puma Way 1
Chairman of the Supervisory Board
Chief Executive Officer, Member of the Management Board
Independent Deputy Chairman of the Supervisory Board
Chief Financial Officer, Member of the Management Board
Chief Sourcing Officer, Member of the Management Board
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German sportswear brand Puma <PUMG.DE> on Wednesday said that uncertainty around the coronavirus made forecasts for the full-year impossible after the pandemic hit second quarter sales and profitability.
Puma <PUMG.DE> expects its second-quarter results will be worse than the first as so many stores are closed in coronavirus lockdowns, but the German sportswear firm is optimistic sales will bounce back as the crisis has led more people to exercise.
* PUMA CEO SAYS DOESN'T THINK COMPANY NEEDS ALL NEW FINANCING, BUT LIFELINE IN CASE CRISIS GOES ON A LONG TIME
German sportswear firm Puma expects its second-quarter results to be worse than the first, after it reported that first-quarter sales fell 1.3%, better than analysts had feared.
* PUMA SAYS OUR BANKS ARE USING STATE-OWNED DEVELOPMENT BANK KFW FOR ADDITIONAL FINANCING
German sportswear maker Puma <PUMG.DE> proposed on Friday to suspend its 2019 dividend given the impact of the coronavirus pandemic.
German sportswear company Puma <PUMG.DE> announced on Tuesday that 1,400 staff would switch to shorter work hours until April 13 as sales slump due to the coronavirus and said its three top executives would not take their pay for April.
German sportswear makers Adidas <ADSGn.DE> and Puma <PUMG.DE> warned on Wednesday of a major decline in sales in China due to the coronavirus and said while there were early signs of improvement there the impact had spread to other markets.
German sportswear makers Adidas and Puma warned on Wednesday of a major decline in sales in China due to the coronavirus and said while there were early signs of improvement there the impact had spread to other markets.
German sportswear maker Puma said on Wednesday that its business, hammered by the coronavirus epidemic, would not return to normal soon despite first encouraging signs coming out of China.
Harley-Davidson Inc <HOG.N> on Friday named a board member hailed for turning around the Puma brand's near-bankrupt business as its interim chief as the motorcycle maker gropes for an effective strategy to woo young customers and revive sales.
German sportswear makers Adidas <ADSGn.DE> and Puma <PUMG.DE> have both warned that the coronavirus outbreak was hurting their business in China due to store closures and fewer Chinese tourists travelling and shopping in other markets.
* PUMA CEO SAYS MOST OF FACTORIES IN CHINA IN OPERATION, ALTHOUGH SOME IMPACT ON WORKER MOVEMENT
German sportswear group Puma <PUMG.DE> on Wednesday said it expected China's coronavirus outbreak to hit its sales and profits in the first quarter but it still hopes to reach its targets for 2020.
German sportswear group Puma <PUMG.DE> cautioned on Thursday that it would take a hit from U.S. tariffs on China in the fourth quarter but still raised its sales forecast and narrowed its profit target after a strong third quarter in all regions.
German sportswear group Puma raised sales and profit forecasts again on Thursday after a strong third quarter in all regions despite cautioning that it would take a hit from U.S. tariffs on China in the fourth quarter.
(This September 25 story has been refiled to correct name of club to Manchester City, not Manchester United, in paragraph 5)
French luxury goods group Kering said it was launching an offer of bonds that could be exchanged for shares in Puma, in which Kering already holds a 15.7% equity stake, to the tune of 500 million euros ($549.8 million).
Indian sprinter Dutee Chand will get custom-made gear in her bid to qualify for next year's Tokyo Olympics after signing a two-year deal with Puma, the German sportswear company said on Thursday.
German sportswear group Puma <PUMG.DE> raised sales and profit forecasts on Wednesday after a strong second quarter, helped by a return to the U.S. basketball market and a deal with English Premier League champions Manchester City.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.