Cape Town, W. Cape, SA – Puma – along with Adidas, its arch rival here, globally and in their joint hometown, Herzogenaurach – has a long history in South Africa.Next year marks 25 years of Puma Sports SA (Pty) Ltd as a wholly owned subsidiary of Puma SE, following a decade or more under licensee Jagsports. “It&rsq ...more

Puma global last week reported a 2% sales decline in its preliminary second quarter 2025 results, citing “the implications from U.S. tariffs”, exchange rates, and sales declines in its major markets.Puma Sports SA MD Luke Barrett-Smith said the local economy was poor, but that “Puma ZA results don’t mirror global, ...more

On 29 April 2025, more than 70 major footwear companies — including Nike, Adidas, Skechers, Puma, and Crocs — signed a joint letter to President Donald Trump, urgently requesting that footwear be removed from the list of products subject to new reciprocal tariffs. These companies warned that the added tariff burden poses a ser ...more

Puma’s recent decision to significantly reduce leather usage in its footwear is a clear reflection of the evolving landscape of the fashion industry, driven primarily by the preferences of the younger generation. Gen Y, Z, and Alpha, who collectively make up around 65% of the U.S. population, are increasingly pri ...more

Puma’s recent decision to significantly reduce leather usage in its footwear is a clear reflection of the evolving landscape of the fashion industry, driven primarily by the preferences of the younger generation. Gen Y, Z, and Alpha, who collectively make up around 65% of the U.S. population, are increasingly pri ...more

Puma's major breakup with a basketball star is a story of social media stardom, Tesla drive-by drama, courtroom proceedings, and some lessons we can take home. ...more

Edcon deal will take it to close to 200 storesCape Town, W Cape, SA – A lot of things have come together for retailer Footgear in the last 2 months.       On June 6, Old Mutual Private Equity (OMPE), the direct private equity investing arm of Old Mutual Alternative Investments, announced the acqu ...more