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Puma sees weaker first half due to "challenging" market

UPDATE 4-Puma sees weaker first half due to "challenging" market In Q4, EMEA sales decline while Asia-Pacific grows Shares up as Puma sticks to annual targets Puma plans brand campaign launching in April Adds analyst comment in paragraph 10, valuation in paragraph 11, footwear versus apparel in paragraph 13 By Alexander Hübner and Linda Pasquini Feb 27 (Reuters) - Puma PUMG.DE on Tuesday said it expects a weak first half of the year in a challenging market, but shares in the German sportswear b
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Puma aims to boost its brand in 'challenging' market

UPDATE 7-Puma aims to boost its brand in 'challenging' market In Q4, EMEA sales decline while Asia-Pacific grows Shares reverse course, down 2% Puma plans brand campaign launching in April Management to discuss capital allocation strategy at CMDs Updates share move in paragraph 2, adds details from investor call in paragraphs 10, 16 By Alexander Hübner and Helen Reid Feb 27 (Reuters) - Puma PUMG.DE warned of a weak first half of the year in a challenging market on Tuesday but the German sportsw
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Amer Sports rises as brokerages start coverage with focus on China demand

UPDATE 1-Amer Sports rises as brokerages start coverage with focus on China demand Updates shares and adds comments in paragraph 7 By Ananya Mariam Rajesh Feb 26 (Reuters) - Amer Sports AS.N shares rose as much as 3.5% on Monday as analysts initiated coverage with largely bullish ratings and highlighted strong demand for the Wilson tennis racket maker's premium outdoor and sportswear products in China.
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Nike to cut about 2% jobs to lower costs as demand weakens

UPDATE 4-Nike to cut about 2% jobs to lower costs as demand weakens Updates shares in paragraph 10 By Gursimran Mehar and Ananya Mariam Rajesh Feb 15 (Reuters) - Nike NKE.N will cut about 2% of its total workforce, or more than 1,600 jobs, the sportswear giant said late on Thursday to lower expenses as demand for its shoes and sneakers comes under pressure.
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UK's M&S adds Puma and Reebok to external brand offer

UK's M&S adds Puma and Reebok to external brand offer LONDON, Feb 15 (Reuters) - British retailer Marks & Spencer MKS.L said on Thursday it has teamed up with Puma PUMG.DE and Reebok as it looks to bolster its offering of external brands. M&S said over 140 products from the sportswear brands will be added to its website over February and March. The retailer launched its "Brands at M&S" strategy in 2021 to attract more younger shoppers, with the move helping its ongoing turnaround.
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