The deal builds on Anta's efforts to expand its foothold outside of China, where it has faced growing competition from the ...
Jan 28 (Reuters) - Germany's Puma and fierce rival Adidas have their roots in the very same house where brothers Rudolf and ...
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Puma shares sold to China’s Anta in huge new $1.8B deal
Puma is handing over a major stake to China’s sportswear giant Anta in a $1.8 billion deal that could reshape the struggling ...
Germanys iconic sportswear brands Puma and Adidas share one of the most famous origin stories in global business. Both ...
Puma was the no. 3 in sportswear after Nike and Adidas until recent years, competing to churn out cool sneakers and win top ...
Puma, the German sportswear giant with roots intertwined with arch-rival Adidas, is set to undergo a significant transformation as China's Anta prepares to become its largest shareholder in a $1.8 ...
Puma’s business performance has worsened in recent years. Net profit declined 14 percent in 2023, and dropped another 7.6 ...
The trend that’s been everywhere —NYC streets, Instagram feeds, and your coworker’s shoe rack—isn’t slowing down, and we did ...
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