Puma AG - apparel and textile industry company news Puma AG company news RSS feed

SOUTH EAST ASIA: Migrant workers face factory exploitation

14 May 2012

Migrant garment workers in factories in Thailand, Cambodia and Malaysia making clothes for western fashion brands are facing state oppression and exploitation by their employers, according to claims in a new report released today (14 May).

FRANCE: PPR unveils five-year sustainability targets

27 April 2012

French retail group PPR, which owns luxury brands like Gucci and Yves Saint Laurent as well as sportswear firm Puma, today (27 April) unveiled a series of sustainability targets for the next five years, following the launch of its green profit and loss report last year.

FRANCE: Strong luxury sales lift Q1 at PPR

26 April 2012

A stellar performance in its luxury division, which includes brands like Gucci, Bottega Veneta and Yves Saint Laurent, has helped French group PPR to a 15% rise in first-quarter revenue.

GERMANY: Puma Q1 profit hit by European slowdown

25 April 2012

Sportswear firm Puma has seen its first quarter profit slip 4.9% after being hurt by sluggish consumer spending in Europe.

US: Puma recalls 5,000 teen training jackets

25 April 2012

Sportswear firm Puma has recalled some 5,000 V-Konstruct youth training jackets because drawstrings at the waist of the garments pose an entanglement risk.

CHINA: Global brands hit by new claims of textile pollution

11 April 2012

Some 48 apparel brands and retailers including H&M, Nike, Wal-Mart, Levi's, Adidas, Gap and Marks & Spencer have been accused of purchasing clothing from suppliers who illegally discharge polluted water in China.

GAFTI gets tough on audit fatigue

4 April 2012

With increasing numbers of apparel and footwear brands, retailers and manufacturers weighed down by so-called "audit fatigue" - an estimated $2bn is spent by the industry each year on audits - it is no wonder that steps are being taken to work towards a common platform that will enable firms to share data and reduce the number of audits carried out across the supply chain.

FRANCE: Zeitz to lead PPR sustainability committee

21 March 2012

French luxury goods group PPR has moved Jochen Zeitz to a new role as chairman of sustainability, in a change that will see him stepping down as CEO of the company's sport and lifestyle division in October.

CHINA: Belle International to buy sports retailer for $145m

21 March 2012

Footwear firm Belle International Holdings Ltd is to buy sportswear distributor Big Step Limited for up to CNY920m (US$145.6m) as part of efforts to expand its geographical presence in mainland China.

EU: Domestic laundering releases toxic clothing chemicals

20 March 2012

Environmental pressure group Greenpeace is continuing its campaign against toxic chemicals in the apparel supply chain with the release of new research that suggests traces of hazardous substances in clothing from brands such as Abercrombie & Fitch, G-Star and Calvin Klein are being released into public waterways when they are washed by consumers.

Top stories on just-style this week...

16 March 2012

Top stories on just-style this week included news that a coalition of industry groups is calling for an to end violent unrest in Cambodia, the Indian government's plans to partially roll back its cotton export ban, and Marks & Spencer's launch of a tailoring line in collaboration with Richard James.

CAMBODIA: Apparel coalition calls for end to violent unrest

12 March 2012

Brands and retailers including Puma, H&M, Gap Inc, Columbia Sportswear, American Eagle Outfitters, The Jones Group, Warnaco Inc and Lululemon Athletica have joined a coalition of industry groups calling for an end to the violent unrest that continues to plague Cambodia's garment sector.

GERMANY: Adidas sales growth to slow after FY profit hike

7 March 2012

Sporting goods giant Adidas expects sales growth to slow in 2012, despite the forthcoming Olympics and European Football Championships, after posting strong growth in full-year profits.

JAPAN: Skechers to open new subsidiary

6 March 2012

Footwear business Skechers USA is to take over its own distribution in Japan, setting up Skechers Japan as a wholly-owned subsidiary.

BANGLADESH: Olympic brands accused of labour abuses

5 March 2012

Factories in Bangladesh producing sportswear for Olympic sponsors Adidas, Nike and Puma have been accused of beating, verbally abusing, underpaying and overworking their staff, according to an investigation by War on Want.

Top stories on just-style this week...

2 March 2012

This week's most popular stories included our interview with Epic Group CEO Ranjan Mahtani, a report on sweatshop labour being uncovered in factories producing merchandise for the Olympics, and the appointment of Roger Burnley as managing director of Sainsbury's clothing division.

US: Guess appoints two senior managers

1 March 2012

Guess Inc has announced the appointment of Chet Kuchinad as chief people officer and Amber Tarshis as senior vice president of marketing.

CAMBODIA: Textile workers continue to riot

29 February 2012

Workers in Cambodia have continued rioting following a shooting at a Puma supplier factory last week where three people were injured.

Top stories on just-style this week...

24 February 2012

Top stories on just-style this week included our report on a shooting at an apparel factory in Cambodia, a report on the future of Colombian export, and a strike at the Bangladesh head office of thread and yarn supplier Coats.

CAMBODIA: Puma supplier to re-open after worker shooting

22 February 2012

Sportswear firm Puma today (22 February) confirmed that a supplier factory in Cambodia where three women were shot will open again on Friday.

CAMBODIA: Puma investigates shootings at factory protest

21 February 2012

Puma has begun investigating a shooting at one of its suppliers' factories in Cambodia.

FRANCE: PPR eyes 2012 growth as FY profit rises

16 February 2012

French luxury goods group PPR says it is confident it will see robust revenue growth this year after booking a 2.3% rise in profit in 2011.

FRANCE: PPR expands executive committee

16 February 2012

French luxury goods group PPR is expanding its executive committee as part of its plans to better integrate the apparel group, which includes luxury brands like Gucci and the Puma sportswear line.

GERMANY: Puma Q4 profit beats expectations

15 February 2012

Sporting goods company Puma beat its own expectations by more than doubling its fourth quarter profits at the end of 2011, thanks to a double-digit sales gain.

FRANCE: Puma appoints new head of French subsidiary

13 February 2012

PPR-owned sportswear group Puma has appointed Richard Teyssier as the new head of its French subsidiary.

UK: Speedo, Puma to discuss supply chain sustainability

13 February 2012

Executives from Puma and Speedo are among speakers lined up for a one-day 'Sustainability Means Business' event taking place next month to help small and medium-sized enterprises improve their green credentials.

US: Zero discharge initiative "should include suppliers"

9 February 2012

Plans by six apparel and footwear brands and retailers to eliminate the discharge of hazardous chemicals from their supply chains by 2020 have been widely praised by a group of stakeholders - but are aiming for a challenging deadline and should have been expanded to include suppliers, they say.

Viewpoint: Cambodia's garment sector faces continued challenges

9 February 2012

With much of the success of Cambodia's garment industry based on its well-publicised commitment to basic labour standards, it's perhaps not surprising that the sector finds itself under a spotlight when it comes to wider worker welfare issues. Indeed, several events that have taken place in recent weeks highlight some of the challenges faced by the local industry.

CAMBODIA: Tribunal urges "immediate steps" on garment pay

8 February 2012

A two-day hearing in which over 200 Cambodian garment workers gathered to give evidence on pay and conditions at factories has recommended that international brands and retailers take "immediate steps" to address the issue of poverty wages for factory workers.

CAMBODIA: Tribunal to probe garment pay and conditions

3 February 2012

Groups representing Cambodian garment workers are holding a "people's tribunal" next week to investigate pay and conditions at factories making clothes for brands including Adidas, Puma, H&M and Gap.

1

2

3

4

...

15

Next >

Related research

PUMA AG Rudolf Dassler Sport (PUM) - Financial and Strategic SWOT Analysis Review

This comprehensive SWOT profile of PUMA AG Rudolf Dassler Sport provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled to bring to you a clear and unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. .

Fast track: sports brands strive for “greener” supply chains

Although recession has been uppermost in the minds of most people in the performance apparel industry, there was little sign of it at ISPO Winter 20091, held in Munich, Germany, in February 2009.

Footwear

The most comprehensive report on the market at the moment which covers all the main manufacturers on a global and regional scale. Forecasts are given out to 2015 which seperate this by all the main types of footwear. An essential purchase for anyone involved in this industry!

Tag line

Not a member? Join here