Puma lowers full-year outlook on weaker sales, US tariffs
German sportswear brand Puma revised its 2025 full-year financial outlook on Thursday, citing weaker-than-expected topline growth and anticipated impacts from U.S. tariffs. Read More
German sportswear brand Puma revised its 2025 full-year financial outlook on Thursday, citing weaker-than-expected topline growth and anticipated impacts from U.S. tariffs. Read More
Puma’s shares were seen down around 20% in early trade on Friday after the brand slashed its full-year outlook and posted weaker-than-expected quarterly results on Thursday, citing currency headwinds and impacts from US. Read More
Boots is continuing its growth drive in the UK and will open a first-of-its-kind fragrance boutique in London this autumn. It will carry 400+ luxury and niche scents including UK exclusives and new brands to the chain. Read More
Pepco Group’s German unit has filed for insolvency proceedings as it seeks to revamp its loss-making store network in the country. Pepco Germany filed for the proceedings at a Berlin court. Read More
El Corte Inglés announced that it will invest 3 billion euros as part of its 2030 strategic plan. This was decided at its shareholders’ meeting, where Marta Álvarez was re-elected as president for the next five years. Read More
With a name like Pleasing, it was always on the cards that Harry Styles’ beauty-meet-fashion-meets lifestyle brand would move on to sexual wellness and so it has. Read More
India’s financial crime agency said on Wednesday an investigation had found that Walmart’s fashion business Myntra Designs breached laws prohibiting foreign wholesalers from selling to consumers. Read More
Australian luxury womenswear brand Zimmermann announced on Wednesday the opening of its first store in Nice, following recent store openings in Mykonos and Ibiza. Read More
Swiss drugmaker Roche reported a better-than-expected first-half operating profit on Thursday, which was up 6% due to strong sales growth. Read More
Global miner Anglo American on Thursday reported a 13% fall in copper production in the first half of the year to 342,200 metric tons, and a 26% fall in rough diamonds, as demand remains sluggish. Read More