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Adidas to cut up to 500 jobs
Adidas, Puma weigh job cuts as latter disappoints with profit fall
German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job cuts, as they eye
Sportswear Giants Adidas And Puma Weighing Job Cuts
German sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to bolster profits.
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.
Adidas To Cut 500 Corporate Jobs: Company Structure 'Too Complex'
The chief executive officer Bjoern Gulden of Adidas AG will cut 500 roles based at its headquarters in Herzogenaurach as the company outperformed projected sales for the retro sneakers.
Adidas plans to cut up to 500 jobs at German headquarters - report
Adidas (OTC:ADDYY), the world's second-largest sportswear maker, is planning to reduce its workforce at its headquarters in Herzogenaurach, Germany, by up to 500 positions, Reuters reported, citing a source familiar with the matter.
Puma, operating profit
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.
Puma shares tumble 16% after quarterly sales and profit miss
(Reuters) -Puma shares fell by 16% as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit. The weak results late on Wednesday came after rival Adidas reported strong sales and profitability,
Puma shares slide 16% after sales miss; European markets open flat
European stocks opened with a mixed picture on Thursday, after positive momentum was seen throughout the week. The pan-European Stoxx 600 was flat at 8:34 a.m. London time, the FTSE 100 was 0.05% in the green,
2d
on MSN
Adidas Profit Jumps After Strong Sneaker Sales in Holiday Season
Adidas AG reported better-than-expected results amid the sustained boom for retro sneakers like the Samba and more sales from ...
16h
Puma Plunges After Profit Warning Highlights Adidas’s Lead
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...
1d
on MSN
Adidas has ‘brand heat,’ analysts say. It’s a hot stock, too.
Adidas stock rallied on Wednesday as the apparel maker said its fourth-quarter results would come in ahead of estimates.
Footwear News on MSN
2d
Adidas Sees Strong Finish to 2024 With Revenue and Profit Surge
According to the German athletic company’s preliminary results for Q4 2024, Adidas saw revenues grow 24 percent in the period ...
2d
Adidas 2024 Profits Jump, Recovering From Kanye Crisis
Adidas on Tuesday said that its operating profit jumped five-fold last year, as the German sportswear giant moves past a crisis triggered by its split from musician and entrepreneur Kanye West.
1d
Adidas Sees Solid Gains In Q4, Looks To Expand Market Share
German sportswear brand adidas AG posted strong growth in Q4, with revenue up 19% in currency-neutral terms and 24% in euros, ...
Hosted on MSN
1d
Adidas Reports Q4 Profit, Stock Soars 6% Amid Retro Sneaker Boom
Adidas AG reported an operating profit in the fourth quarter, rebounding from a loss the prior year, and exceeded its ...
1d
on MSN
Adidas shares surge on festive trainer sales
Strong festive demand and the booming popularity of classic trainers propelled Adidas to better than expected profits in the ...
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