Shares of Foot Locker Inc. rocketed 69.3% higher after hours on Wednesday after the Wall Street Journal reported that Dick's Sporting Goods Inc. was close to a deal to buy the struggling sneaker chain ...

Shares of Foot Locker Inc. rocketed 65% higher after hours on Wednesday after the Wall Street Journal reported that Dick's Sporting Goods Inc. was close to a deal to buy the struggling sneaker chain.

German sportswear brand Puma has reduced the amount of merchandise it ships to the United States from China to adapt its ...

STORY: Sportswear brand Puma reported a decline in first-quarter profit margin on Thursday (May 8). And flat first-quarter sales as the company cuts costs in an attempt to turn its performance around.

Dick’s Sporting Goods Inc. is in advanced talks to buy Foot Locker Inc., whose stock had dropped 41% this year amid the ...

German sportswear brand Puma has reduced the amount of merchandise it ships to the US from China to adapt its supply chain to ...

German sportswear brand Puma saw flat first-quarter sales. The company's profit margin declined. Puma is maintaining its 2025 outlook, excluding U.S. tariffs. Sales reached 2.08 billion euros. U.S.

Like competitors Adidas and Nike (NYSE:NKE), Puma would be hit hard if U.S. President Donald Trump reinstates steep tariffs on Southeast Asia, currently paused until July. The volume of Puma ...

The German sportswear brand buys 28% of its products from factories in China, with Vietnam a close second at 26%, and ...

adidas has outperformed Nike recently in total returns, despite both facing macroeconomic challenges and potential tariff impacts. Nike's heavy reliance on Asian manufacturing exposes it to ...