Puma welcomes Anta Sports as majority shareholder
Anta Sports becomes Puma’s largest shareholder after acquiring 29% stake from Artémis
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Anta Sports officially becomes largest Puma shareholder
The Chinese sports giant finalized its acquisition of a roughly 29% stake in the athletics brand for about $1.7 billion.
PUMA names new majority shareholder
PUMA has named Chinese sportswear firm ANTA Sports as its new largest shareholder, marking a “new chapter” for the firm. This follows ANTA Sports acquisition of the 29.06 per cent…
Puma limits loss, while revenue decline accelerates
At Puma, the operating loss was cut in half in the second quarter, despite a further decline in sales. The German sporting goods manufacturer expects a gradual recovery in the…
Moth secures £11m funding to invest in expansion
Ready-to-drink (RTD) brand Moth has secured £11m in funding, backed by Puma Growth Partners, Beringea and Guinness Ventures, to accelerate its expansion. The brand will invest the…