The nextlevel programme is aimed at cost reduction and operational enhancements to boost profitability growth.

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 (PUMG.DE) shares fell by 16 per cent 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 ...

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The FTSE 100 ( ^FTSE) and European stocks were muted on Thursday as consumer confidence in the British economy tumbled to a new low amid recession fears.

Manager of Sports Marketing, PUMA - Anatanas Ackermann, has paid a working visit to the Ghana Football Association (GFA), where he met with President Kurt ...