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Puma reports profit slump in first quarter

German sportswear provider Puma SE experienced declines in revenue and earnings in the first quarter of the 2025 financial year. The sobering figures, which the company released on Thursday, were not surprising. In mid-March, Puma had already warned of weak business performance in the first weeks of the year and shortly afterwards announced the...

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Business

Puma to relocate UK headquarters to Manchester

German sportswear brand Puma is relocating its UK headquarters from London to Manchester’s technology, digital and creative hub, Circle Square, where it has secured a 20,000 square foot of space to house its sales, marketing, merchandising, finance, people and operations and direct-to-consumer departments. Circle Square, located on Manchester’s...

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