Puma AG

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SOURCING: Puma digs further down supply chain Joe Ayling | 16 Sep 09

Sporting goods firm Puma has added "lower tier" suppliers to its factory monitoring programme, and continues to roll out a scheme that installs proper management systems in suppliers’ factories.


SOUTH AFRICA: Puma loses trademark legal battle – reports just-style.com | 15 Sep 09

Sportswear company Puma has lost its appeal in a trademark infringement case brought against South African footwear importer and distributor Global Warming, according to reports.


HONG KONG: Belle International H1 profit up 15% just-style.com | 26 Aug 09

First-half profit at Belle International Holdings Ltd, China’s largest retailer of women’s footwear, has jumped 14.9% on higher sales.


JAPAN: Puma cashes in on Usain Bolt effect just-style.com | 25 Aug 09

Sportswear firm Puma is to benefit from the success of Jamaican sprint sensation Usain Bolt at the World Athletics Championships, by reportedly launching a tribute pair of sneakers.


NETHERLANDS: O’Neill taps Keith Harkess for supply role just-style.com | 25 Aug 09

Surf and ski brand O’Neill has tapped Puma executive Keith Harkess as general manager for product and supply.


US: Hartmarx sale finally goes through just-style.com | 10 Aug 09

Chicago-based men's suit maker Hartmarx has finally been saved from liquidation after being sold to British private equity firm Emerisque Brands and its partner SKNL North America.


Top stories on just-style this week... just-style.com | 7 Aug 09

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.


INSIGHT: Puma feels volatile market in Q2 profit dip just-style.com | 7 Aug 09

Sporting goods company Puma has posted a 15.6% drop in second quarter net earnings, after reduced margins offset lower operating costs achieved through restructuring.


GERMANY: Puma Q2 sales rise 4% just-style.com | 3 Aug 09

Second quarter sales at sporting goods group Puma AG have risen by 4.1%, it emerged on Friday (31 July), suggesting cost-cutting measures to weather the economic downturn are starting to take effect.


GERMANY: Puma Q2 sales rise 4% just-style.com | 3 Aug 09

Second quarter sales at sporting goods group Puma AG have risen by 4.1%, it emerged on Friday (31 July), suggesting cost-cutting measures to weather the economic downturn are starting to take effect.


GERMANY: Puma to use more ‘Cotton Made in Africa’ just-style.com | 14 Jul 09

Sportswear company Puma says it will make 2% of its entire apparel collection in the second half of this year with sustainable cotton from sub-Saharan countries.


US: Court OKs $119m sale of Hartmarx to Emerisque just-style.com | 26 Jun 09

A federal bankruptcy judge has given the go-ahead for the sale of bankrupt suit maker Hartmarx Corporation to private equity firms Emerisque Brands and SKNL North America.


Spotlight on...Eddie Bauer just-style.com | 19 Jun 09

Eddie Bauer’s bankruptcy filing this week was not unexpected; mounting debts and slumping sales in a difficult economic climate meant its future was simply untenable. But with a sale of the business already agreed, and the possibility of an even better offer in the pipeline, could this mark a fresh start for an iconic brand? Leonie Barrie reports.


Speaking with style: Motoi Oyama, president, Asics just-style.com | 12 Jun 09

Core values have served Japan's Asics Corporation well down the years, and are continuing to do so at a time when the world is trying to come to grips with the worst global economic crisis in living memory, as company president Motoi Oyama tells just-style.


US: Bankruptcy judge OKs raised bid for Hartmarx just-style.com | 3 Jun 09

A raised bid from Emerisque Brands and SKNL North America for bankrupt suit maker Hartmarx Corporation was yesterday (2 June) given the go-ahead by a federal bankruptcy judge.


US: Lenders oppose Emerisque's offer for Hartmarx just-style.com | 1 Jun 09

Plans for the sale of bankrupt Chicago-based suit maker Hartmarx seem to be stumbling after its chief lender Wells Fargo says it opposes a US$119m deal reached last week with Emerisque Brands and SKNL North America – a unit of Indian apparel maker S Kumars Nationwide Ltd.


US: Hartmarx accepts $119m offer from Emerisque, SKNL just-style.com | 26 May 09

Bankrupt Chicago-based suit maker Hartmarx Corporation has agreed to sell its assets to Emerisque Brands UK Limited and SKNL North America - a unit of Indian apparel maker S Kumars Nationwide Ltd - in a deal worth US$119m.


US: Emerisque makes Hartmarx bid as lawmakers step in just-style.com | 22 May 09

London-based private-equity firm Emerisque Brands has tabled a bid for bankrupt Hartmarx as lawmakers add to calls to keep the US suit maker open.


GERMANY: Puma to cut costs after Q1 profit slumps just-style.com | 8 May 09

Sports goods group Puma is to implement further cost-cutting measures after unveiling a first quarter profit of only EUR5.6m (US$7.6m).


FRANCE: PPR denies Gucci sale rumours just-style.com | 23 Apr 09

French luxury goods firm PPR Group "categorically denies" rumours about the possible sale of its Gucci Group subsidiary and purchase of the remainder of sporting goods group Puma.


FRANCE: PPR happy despite 2.6% Q1 sales decline just-style.com | 22 Apr 09

French luxury goods group PPR expressed satisfaction despite a 2.6% decline in first quarter consolidated sales to EUR4.8bn (US$6.2bn), salvaged by the strong performance of international markets.


China taps into demand for eco-textiles just-style.com | 17 Mar 09

China’s fledgling eco-textile companies are facing slowing growth as Western brands cut back on expensive fabrics. But environmentally friendly products still present better opportunities than mainstream textiles, as Dominique Patton reports.


GERMANY: Puma CFO Dieter Bock to leave company just-style.com | 3 Mar 09

Sporting goods firm Puma has announced that its chief financial officer Dieter Bock is to resign for personal reasons.


FRANCE: PPR full-year income edges up 0.1% just-style.com | 19 Feb 09

French luxury goods firm PPR has posted a 0.1% rise in fiscal 2008 income as sales grew 6% despite declining customer demand.


GERMANY: Puma feels financial crisis as FY profit dips 13.5% just-style.com | 18 Feb 09

Despite higher sales at sporting goods firm Puma, full-year earnings have dropped by 13.5% after costs climbed and margins fell in the fourth quarter as the global financial crisis began to bite.


GERMANY: Puma buys Swedish corporate gift firm Brandon just-style.com | 12 Jan 09

Sporting goods firm Puma has bought Brandon Company, a Swedish company that specialises in corporate merchandise for blue-chip clients.


INDIA: Footwear market to profit from rising Chinese costs just-style.com | 11 Dec 08

Leading footwear players like Adidas, Puma and Nike are likely to shift some of their purchasing and production from China to India over the next three years, according to new research, as Chinese products lose their cheap price tag and buyers turn to India for low-cost products.


GERMANY: Puma poised to take over Dobotex just-style.com | 3 Dec 08

Sportswear giant Puma is set to take a majority shareholding in Dutch licensee Dobotex, with effect from the beginning of next year.


GERMANY: Puma goes live with Jesta retail solution just-style.com | 12 Nov 08

German sporting goods company Puma has implemented a new vision merchandising solution to manage all purchasing and inventory for its stores in the European Economic Area (EEA).


GERMANY: Puma posts flat Q3 earnings, lifts guidance just-style.com | 7 Nov 08

Sportswear group Puma has posted flat third quarter profit of EUR89.0m (113.9m), but raised its sales guidance for the full-year on strong orders.

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