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Adidas, C&A, Esprit set out new sustainability roadmaps Leonie Barrie | 23 Aug 18

Brands and retailers including Adidas, C&A, Esprit, Hugo Boss, KiK, Lidl, Primark and Puma are among 116 members of the German based Partnership for Sustainable Textiles who have submitted roadmaps outlining concrete steps to increase sustainability in their textile supply chains.


Puma reaffirms guidance as Q2 earnings surge 42% Beth Wright | 26 Jul 18

German sportswear brand Puma has reaffirmed its full-year guidance on the back of double-digit growth across all regions and product segments in its second-quarter.


Puma mulls China sourcing shift on US tariff fears Leonie Barrie | 25 Apr 18

The boss of German sportswear maker Puma has described the threat of a trade war between the United States and China as "a headache," and says the company is evaluating shifting its sourcing to alternative countries in Asia should the tit-for-tat trade spat ramp up.


Puma eyes annual 10% sales gain until 2022 Beth Wright | 21 Mar 18

German sportswear brand Puma has forecast sales increases for the next four years as the company remains buoyant after posting full-year revenue figures that topped the EUR4bn (US$4.9bn) mark for the first time.


Gucci drives "phenomenal" year for Kering Beth Wright | 13 Feb 18

French luxury goods group Kering has hailed a "historic performance" in 2017, powered by its flagship Gucci brand  – but cautioned the strong euro may weigh on its business in 2018.


Kering spins off Puma to focus on luxury Michelle Russell | 12 Jan 18

French luxury goods group Kering is to spin off German sports brand Puma to its shareholders as part of plans to transform itself into a pure luxury player.


Green supply chain map links China factories to brands Michelle Russell | 4 Jan 18

Six leading apparel brands have stepped forward to be featured on a new online map that claims to be the only tool in the world to openly link leading multinational corporations to their suppliers' environmental performance.


Adidas among group calling for climate action Beth Wright | 14 Dec 17

German sportswear giant Adidas is among more than 50 major global corporates calling on world leaders to tackle climate change by introducing framework conditions that lay the foundation for a pathway towards limiting global temperature rise to well below 2 degrees Celsius.


Puma ups guidance as footwear sales drive Q3 profit surge Beth Wright | 24 Oct 17

German sportswear brand Puma has raised its full-year guidance on the back of double-digit growth across all regions in its third-quarter and strong footwear sales.


Puma raises FY guidance amid "strong" Q3 Beth Wright | 19 Oct 17

In light of a "strong" third-quarter increase in sales and profitability, as well as the positive business outlook for the fourth quarter, German sportswear brand Puma has raised its full-year guidance for the third time this year.


Kering reports record H1 powered by Gucci Michelle Russell | 28 Jul 17

French luxury goods group Kering posted record earnings and operating margins in its first-half powered by its flagship brand Gucci and thanks to growth across the board and successful execution of its strategy.


Puma footwear sales drive Q2 profit surge Beth Wright | 27 Jul 17

German sportswear brand Puma has raised its full year guidance on the back of double-digit growth across all regions in its second-quarter, driven by footwear as the main growth driver.


Puma trialling "world's first" intelligent warehouse in Germany Hannah Abdulla | 20 Jul 17

Puma has teamed up with a string of technology and logistics partners to test what it claims is the "first intelligent and decision-making warehouse in the world."


Puma raises FY guidance amid Q2 sales and profit increase Beth Wright | 18 Jul 17

German sportswear brand Puma has raised its full-year guidance as it revealed higher sales and earnings in its second-quarter.


Adidas leading the way in tackling leather supply forced labour Beth Wright | 29 Jun 17

Publicly available information reveals very little on how - apart from auditing suppliers – brands and retailers address forced labour risks in countries where they produce hides, process leather, and manufacture leather goods. However, German sportswear giant Adidas marks the exception, new research shows.


Puma teams with Covestro on performance football boot Michelle Russell | 4 May 17

German sportswear brand Puma has developed a new generation of its evoPOWER football boot that it says offers more comfort and precision when kicking, and improved sustainability.


Gucci leads "outstanding" Kering Q1 Beth Wright | 26 Apr 17

French luxury goods group Kering has booked what it calls "outstanding" revenue growth in the first quarter of 2017, thanks to record sales at its Gucci label.


Puma raises guidance on Q1 sales and profit increase Michelle Russell | 13 Apr 17

German sportswear brand Puma has raised its full-year guidance as it revealed higher sales and earnings in its first-quarter.


Philion named president of Puma North America Beth Wright | 20 Feb 17

German sportswear brand Puma has promoted Bob Philion to president of Puma North America, following the retirement of Jay Piccola.


Gucci and YSL boost "excellent" Kering FY Beth Wright | 10 Feb 17

French luxury goods group Kering has booked an "excellent" performance in 2016, thanks to a sharp acceleration in growth in the second half, particularly from the firm's Yves Saint Laurent and Gucci  labels.


Sourcing improvements boost Puma FY Michelle Russell | 9 Feb 17

Price adjustments, sourcing improvements and growth in all regions resulted in higher full-year sales and earnings for German sportswear brand Puma. 


Fusing ethics and finance to boost the bottom line Guest author | 18 Nov 16

Ethical performance and supply chain finance are an unlikely partnership – but fusing the two can be a winning combination for the fashion and apparel industry.


Puma Q3 boosted by sourcing improvements Michelle Russell | 10 Nov 16

Strong cost discipline, sourcing improvements and growth in all regions resulted in higher third-quarter sales and earnings for German sportswear brand Puma.


Puma offers new financial support to ethical suppliers Michelle Russell | 8 Sep 16

German sportswear brand Puma has launched a supply chain programme that offers financial incentives to help its suppliers improve environmental, health and safety and social standards.


Puma apparel sales push Q2 into profit  Michelle Russell | 27 Jul 16

German sportswear brand Puma has moved to a profit in its second-quarter on the back of double-digit sales growth driven by strong apparel revenues. 


Supply chain focus for next Puma sustainability targets Beth Wright | 18 Jul 16

German sportswear brand Puma has set new sustainability targets for the next five-years, shifting its focus deeper into the supply chain.


UEFA sportswear sponsors slated over supplier wages Leonie Barrie | 7 Jul 16

As the UEFA European championship 2016 nears its climax in Paris at the weekend, the three main sportswear sponsors have been criticised for shifting their supply chains around countries in Asia where workers who make their shirts earn less than the living wage.


Nike, Victoria's Secret, Esprit lag in detox efforts Beth Wright | 6 Jul 16

Inditex, Hennes & Mauritz (H&M) and Benetton have been praised by environmental activist group Greenpeace for being on track to clean up their chains, while Victoria's Secret, Esprit and sports brands Nike and LiNing are lagging behind the field.


Puma reaffirms FY despite flat Q1 margin Michelle Russell | 29 Apr 16

German sportswear brand Puma is maintaining its guidance for the full year, despite the negative impact of currencies on its first-quarter margins.


Kering Q1 sales performance driven by organic growth Michelle Russell | 22 Apr 16

French luxury goods group Kering said it had a "solid" first-quarter thanks to its focus on driving organic growth and higher sales in both its luxury and sports categories. 

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