In a significant blow to the reputation and financial standing of German sportswear giant Puma, shares plunged by 20% following a disappointing quarterly earnings report. This sharp drop in share …
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Economic Pressures
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In a bold move aimed at streamlining operations, Adidas, the renowned global sportswear company, is set to cut up to 500 jobs at its headquarters in Herzogenaurach, Germany. This announcement, …
