By Paolo Laudani and Helen Reid Jan 28 (Reuters) - Germany's Puma and fierce rival Adidas have their roots in the very same ...
Puma is handing over a major stake to China’s sportswear giant Anta in a $1.8 billion deal that could reshape the struggling ...
The deal builds on Anta's efforts to expand its foothold outside of China, where it has faced growing competition from the ...
Puma and Adidas were founded by two feuding German brothers, with Puma losing ground in recent years to newer brands such as ...
Chinese sportswear giant Anta Sports has become the largest shareholder of global sports brand Puma. On the 27th, according to Anta Sports, the company acquired a 29% stake in Puma for 1.5 billion ...
Anta Sports Products Ltd announced on Tuesday that it has entered into a share purchase agreement with Groupe Artémis, the ...
China's largest sportswear company, Anta Sports Products, has announced a significant move to become the biggest shareholder ...
(Corrects to say Puma would offer less discounts, not more discounts, in 15th paragraph) By Scott Murdoch and Roushni Nair ...
PUM leapt as much as 20% in Tuesday morning trade after Anta Sports HK:2020, the world’s third-largest sportswear brand, ...
Accelerates multi-brand globalization strategy and enhances ANTA’s global reach and competitiveness Brings proven growth track record to help unlock PUMA’s potential globally including in China ...
Puma, initially founded by Rudolf Dassler and separated from Adidas, faces new challenges and opportunities as it becomes ...
Anta Sports Ltd. will purchase a 29.06% stake in the Puma brand from Artemis for €1.5 billion ($1.8 billion USD).