By Helen Reid (Reuters) -Puma shares slid more than 18% on Thursday after the German sportswear brand reported lower than ...

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.

Puma shares slid 18% on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit, raising questions about its ability to compete ...