The deal builds on Anta's efforts to expand its foothold outside of China, where it has faced growing competition from the ...
By Paolo Laudani and Helen Reid Jan 28 (Reuters) - Germany's Puma and fierce rival Adidas have their roots in the very same ...
PUM leapt as much as 20% in Tuesday morning trade after Anta Sports HK:2020, the world’s third-largest sportswear brand, ...
(Corrects to say Puma would offer less discounts, not more discounts, in 15th paragraph) By Scott Murdoch and Roushni Nair ...
Shares in Puma surged last Tuesday after China’s Anta Sports said it would acquire a 29.06 per cent stake in the German ...
ANTA Sports has entered into an agreement to acquire a 29.06% stake in Puma from Groupe Artémis, the investment firm of the ...
Puma’s business performance has worsened in recent years. Net profit declined 14 percent in 2023, and dropped another 7.6 ...
China's Anta Sports Products will buy a 29.06% stake in Puma from the Pinault family for €1.5 billion, becoming the German sportswear maker's largest shareholder, with Anta seeking board seats as Puma ...
China's largest sportswear company, Anta Sports Products, has announced a significant move to become the biggest shareholder in German sportswear giant Puma, acquiring a 29.06 per cent stake from the ...
The Chinese company, whose portfolio includes Fila and a majority stake in Amer Sports, will be the sneaker brand’s largest shareholder.
Jan 27 (Reuters) - China's Anta Sports Products said on Tuesday it would buy a 29.06% stake in Puma from the Pinault family ...
By Scott Murdoch and Roushni Nair Jan 27 (Reuters) - China's biggest sportswear brand Anta Sports Products said on Tuesday it ...