Puma AG - apparel and textile industry company news 
US: Crailar Technologies joins Sustainable Apparel Coalition
23 May 2013
Crailar Technologies, developer of the Crailar Flax fibre, is the latest company to join the Sustainable Apparel Coalition (SAC), which is working to reduce the environmental and social impacts of global apparel and footwear production.
GERMANY: Puma cuts FY outlook as Q1 profit declines
14 May 2013
German sporting goods firm Puma has cut its full-year sales outlook after weak spending in Europe hit first-quarter profits and revenue.
FRANCE: Kering first-quarter revenue edges up
26 April 2013
French luxury and sportswear group group Kering (formerly known as PPR) saw first-quarter revenue edge up 1%, driven by growth in its luxury division.
GERMANY: Puma names Gulden as CEO
18 April 2013
Puma has named Björn Gulden as the sportswear brand's new CEO, succeeding Franz Koch, who left the company at the end of March.
US: Volcom to undergo Environmental Profit & Loss account
11 April 2013
Skatewear brand Volcom is set to increase its focus on sustainability, becoming the latest Kering-owned brand to undergo an Environmental Profit and Loss.
US: Myntra acquires virtual fitting room developer Fitiquette
8 April 2013
Indian online fashion retailer Myntra has acquired San Francisco-based virtual fitting room developer Fitiquette to help improve the shopping experience for Indian consumers.
FRANCE: PPR changes name to Kering
22 March 2013
French apparel group PPR is changing its name to Kering as it looks to position itself as a luxury and sportswear business.
US: Celliant partners with Puma on mineral fibres
20 March 2013
Textile technology specialist Celliant is partnering with sportswear business Puma to incorporate its mineral fibre technology into the German company’s Usain Bolt athletic apparel range.
Question marks over new zero discharge roadmap
7 March 2013
Leading fashion brands and retailers have joined forces to issue an update on their joint “roadmap” aimed at securing zero discharge of hazardous chemicals in their supply chains by 2020. But the revised plans have already come under fire.
FRANCE: PPR mulls name change?
6 March 2013
French apparel and luxury group PPR is reportedly considering changing its name to Kering as it looks to focus on its luxury and sportswear businesses.
FRANCE: Redcats to sell Ellos brand to Nordic Capital
25 February 2013
PPR's Redcats division has entered an agreement to sell its apparel and homeware brands Ellos and Jotex to Nordic Capital Fund VII for EUR275m (US$365m).
just-style's most read stories this week...
22 February 2013
The most read stories on just-style this week include an analysis on the challenges of closing the loop in the apparel supply chain, a shift in Chinese cotton yarn orders from Pakistan to India, and the emergence of potential buyers for collapsed UK clothing chain Republic.
CHINA: Belle International shares fall on FY profit warning
21 February 2013
Chinese footwear and sportswear business Belle International has seen its share price fall today (21 February) after admitting its 2012 profit will be at the lower end of analyst expectations.
Is clothing close to a closed loop future?
18 February 2013
Retailers and brands are increasingly looking at the idea of closing the loop in the apparel supply chain. Taking a garment back to its original fibre form and then using this to create something new is seen as a way for firms to become more sustainable. With Puma this week becoming the latest to launch a recyclable clothing range, Petah Marian asks: "What is the future for closed loop?"
FRANCE: PPR luxury brands boost 2012 profits
15 February 2013
PPR is confident of continued growth in 2013, after posting a rise in 2012 net profit as strong sales of its luxury brands offset weakness in its sports division.
US: Puma selects JDA to streamline store assortments
15 February 2013
German sportswear firm Puma has implemented the JDA Allocation tool to streamline its assortment strategies to boost sales and reduce markdowns.
just-style's most read stories this week...
15 February 2013
The most read stories on just-style this week include Puma launching its first closed-loop apparel and accessories collection, the global federation representing garment workers pledging its commitment to drive change in Bangladesh, and Fifth & Pacific ending its distribution agreement with Li & Fung.
GERMANY: Puma slumps to Q4 loss on one-off costs
14 February 2013
Sporting goods giant Puma posted a net loss in the fourth quarter of 2012, hit by a number of one-off special items which cost the business nearly EUR100m (US$134m).
GERMANY: Puma launches first closed-loop collection
12 February 2013
Puma has launched its first closed-loop collection of footwear, apparel and accessories called InCycle, all of which are either entirely biodegradable or recyclable.
GERMANY: Puma extends performance product range
7 February 2013
Puma has launched a new running shoe, and a two compression products as it extends its range of performance products.
US: PPR completes sale of OneStopPlus
7 February 2013
PPR has completed the sale of its OneStopPlus US plus sized clothing business to private equity firms Charlesbank Capital Partners and Webster Capital.
The Flanarant: Compliance campaigns set to take a new direction
1 February 2013
Two campaigns carried out over the past two years by two groups of activists have achieved very different results. Whereas Greenpeace has successfully corralled major brands and retailers into its Detox programme, the Bangladesh Fire and Building Safety Agreement (BFBSA) campaign has struggled to make a mark. Mike Flanagan looks at what the Bangladesh factory fire row tells us about the future of compliance.
US: Limited Brands makes toxic-free fashion pledge
22 January 2013
Apparel company Limited Brands, owner of lingerie brands Victoria's Secret and La Senza, has become the 14th major business to pledge to eliminate all releases of hazardous chemicals throughout its supply chain and across all products by 2020.
ITALY: Benetton commits to toxic-free fashion
17 January 2013
Italian fashion brand Benetton is to eliminate hazardous chemicals from its entire global supply chain and products by 2020.
JAPAN: Fast Retailing to phase out hazardous chemicals
9 January 2013
Fast Retailing Co, operator of the Uniqlo casual clothing chain and Asia's biggest global fashion brand, is to eliminate hazardous chemicals from its entire global supply chain and products by 2020.
SINGAPORE: Luen Thai to buy Ocean Sky apparel ops for $55m
8 January 2013
Singapore-based apparel company Ocean Sky is set to be acquired by Luen Thai Holdings for US$55m.
HONG KONG: Yue Yuen FY profit jumps 12.5%
18 December 2012
Yue Yuen, the world's largest manufacturer of branded athletic and casual footwear, has seen its full-year profit jump 12.5% helped by higher sales and more stable material prices.
US: Levi Strauss to phase out hazardous chemicals
14 December 2012
Levi Strauss, the world's largest jeans manufacturer, has pledged to phase out hazardous chemicals from its supply chain by 2020, following pressure from environmental group Greenpeace.
2012: A year in review - The unusual and unpredictable
14 December 2012
From toxic T-shirts to virtual fitting rooms, defamatory garments and compostable shoes, the clothing and textiles industry in 2012 was anything but dull.
GERMANY: Puma chief supply chain officer resigns
13 December 2012
Reiner Seiz, chief supply chain officer at German sportswear brand Puma, has resigned - a day after it was revealed chief executive Franz Koch is to leave the business next year.
