Puma Group is opening another space dedicated to incubating design and innovation. The German sportswear brand said it has opened Studio48, a new creative hub in its Herzogenaurach, Germany ...

German sporting goods manufacturer Puma suffered a drop in profits in 2024 and has been lagging behind its long-time local rival Adidas. Net income at Puma dropped by 7.6% to €282 million ($308 ...