Puma SE (PUMG.DE)
16 Oct 2019
Tue, Oct 8 2019
(Corrects name of club in Sept 25 story to Manchester City, not Manchester United, in paragraph 5)
PARIS, Sept 25 French luxury group Kering moved to reduce its remaining stake in Puma on Wednesday by issuing bonds that can be exchanged for shares in the German sportswear brand.
PARIS, Sept 25 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).
MUMBAI 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.
MUMBAI, Aug 8 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.
BERLIN, July 31 German sportswear group Puma is carrying up to 7% extra inventory as it prepares for the possible imposition of U.S. tariffs on goods produced in China, and expects to have to raise prices, Chief Executive Bjorn Gulden said on Wednesday.
* Sales of Ralph Sampson basketball shoes "encouraging" (Adds details, background)
BERLIN, July 31 German sportswear group Puma raised its outlook for sales growth and operating profit for 2019 on Wednesday after a strong second quarter, powered by expansion in China, a return to U.S. basketball and sales of Manchester City shirts.
* Confirms full-year guidance (Recasts, adds CEO quotes, shares)
BERLIN German sportswear group Puma reported a record quarter in sales and earnings on Friday, driven by healthy demand in China and the Americas, after it reentered the basketball market.