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Puma

PUMA-London-Flagship-Store_Facade-e1764670703903-440x330.webp

Puma profits plummet

Puma has reported a sharp decline in sales and swung to a loss for the year to 31 December 2025, with the sportswear giant warning 2026 will be a transition year before a return to growth.

Puma COO Andres Hubert wearing black top and blue jeans smiling and posing in front of grey background

Puma poaches Adidas CIO

Puma has appointed Adidas chief information officer (CIO) Andreas Hubert to the role of chief operating officer (COO), effective 1 September 2025.

re&up

Puma to scale textile recycling initiative with Re&Up

Puma has signed a multi-year partnership with textile circularity company Re&Up to scale a recycling initiative, turning textile waste into next-gen recycled cotton fibres and recycled polyester chips.