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News briefsPuma takeover rumors gain traction
Puma’s prolonged downturn and Artemis’s openness to divest its 29% stake spark renewed takeover rumors, with Anta emerging as the most credible suitor.
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ArticleAsics denies interest in Puma acquisition
Asics dismisses reports of interest in acquiring Puma as Anta Sports explores potential bid amid Puma’s financial struggles.
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News briefsPuma faces Asian takeover interest
Chinese giants Anta and Li Ning, plus Japan’s Asics, are exploring bids for struggling German sportswear maker Puma. Shares jumped 11.5% on the news.
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Article361 Degrees reports 10% Q3 growth in core and kids retail, 20% in e-commerce
The Chinese running, kids and basketball specialist reports growth figures and launches an AI partnership with Standard Robots to drive innovation.
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AnalysisGlobal athletic apparel market shows sluggish growth amid regional contrasts in 2024
SGI Europe’s yearly analysis details the global sales and performance of the top athletic sports apparel brands in 2024.
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AnalysisMarket Analysis: The global athletic footwear market 2024
SGI Europe’s yearly analysis details global sales of 25 athletic footwear brands and their performance in 2024.
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ArticlePinault reportedly exploring Puma stake sale
Speculation mounts over a potential divestment of a significant stake in the German sportswear brand, but no official statement has been issued.
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ArticleLi Ning posts mixed first-half financial performance
Li Ning’s H1 shows slower growth and profit decline, as weak consumer demand and rising costs weigh on margins and results.
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PDF NewsletterSGI Europe Executive Edition: Vol 36 - 14+15
Arthur Hoeld of Adidas is to be the new Puma CEO | Decathlon has a new CEO | Intersport Int’l appoints new CEO | The top sporting goods industry performers by sales and profits in Q4 2024 | Arc’teryx drives Amer Sports’ success | Trump’s tariffs: Reactions from within the sporting goods industry and beyond | Sales up, profits down at Decathlon in FY24 | One of On’s co-CEOs leaves the company as four new senior leaders start | Intersport Int’l sales totaled €14.0bn in FY24, up 2.1% | International drives the topline as Lululemon annual sales top $10bn for first time | Li Ning posts 3.4 percent increase in annual operating profit | Puma appoints its first female President of North America | Intersport rolls out football specialist store format, set to launch in up to 20 markets | Sales for Decathlon France amounted to €4.73bn in FY24 | ISPO Munich presents new concept and structure for 2025 show | eCom Teams files for bankruptcy | Decathlon Germany to open stores at Galeria locations | Rip Curl with DTC growth, while wholesale dropped for KMD due to cautious pre-season buying | Sales rise slightly in Q1 for H&M | Ecco’s net revenues drop by 5% | Technogym posts strong FY24 results despite geopolitical uncertainties