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Jul 24, 2013

Puma results deepen challenge for new CEO

FRANKFURT, July 24 (Reuters) – German sports apparel group
Puma SE, hoping to revive its fortunes under a new
chief executive, reported a second quarter of falling sales and
profits on Wednesday and said the rest of the year looked
challenging.

Puma, 83 percent controlled by French luxury goods group
Kering, has fallen behind rivals such as Nike
and Adidas in the market for soccer gear and running
shoes after spending years focusing on its fashion products.

Jul 16, 2013

Rocket Internet founder aims to triple portfolio in 5 years

FRANKFURT (Reuters) – Rocket Internet, the venture capital company behind online brands such as retailer Zalando, says investors’ growing interest in internet businesses could help it more than triple its portfolio over the next five years.

Rocket, backed by Swedish investor AB Kinnevik, was founded in 2007 by the Samwer brothers Oliver, Marc and Alexander, who had an early success with mobile phone content provider Jamba whose offerings included the Crazy Frog ringtone.

Jul 11, 2013

Outdoor clothing makers seek growth as Europe stagnates

FRANKFURT, July 11 (Reuters) – Makers of outdoor goods from
ski jackets to tents and walking trousers are using
international expansion, fashionable new products and the
financial clout and expertise of big investors as they battle a
slowdown in Europe.

The market for outdoor goods has expanded rapidly over the
last decade, with growth rates often reaching 10 percent, as
people spend more time in the hills and mountains to get away
from the stress of work and keep fit.

Jun 18, 2013

As PPR becomes Kering, Puma and Fnac problems remain

PARIS/FRANKFURT, June 18 (Reuters) – PPR turned
the page on its retail past and started a new life as a luxury
and sports brands group by renaming itself Kering at its annual
general meeting on Tuesday.

The company will now have to prove it can also change the
fortunes of Puma, its underperforming sportswear brand and
replicate in sports the success it has had in luxury goods.

Jun 18, 2013

As PPR becomes Kering, investors look for Puma promise

PARIS/FRANKFURT, June 18 (Reuters) – PPR seeks to
turn the page on its retail past and start a new life as a
luxury and sports brands group by renaming itself Kering at its
annual general meeting today.

Shareholders will be hoping the company, which bought German
sportswear maker Puma in 2007, will have credible ideas to turn
around the underperforming brand and replicate in sports the
success it has had in luxury.

Jun 5, 2013

Rush to lightweight cars boosts adhesive makers

BERLIN/FRANKFURT, June 5 (Reuters) – From Pritt stick in
school bags to Audi sports cars, adhesives have come a long way
since natural gums and resins, and new high-tech variations are
currently top of the list for carmakers as they seek ways to
make cars lighter and tougher.

For auto suppliers like Henkel, PPG and
Atlas Copco, providing tailor-made adhesives that can
absorb the shock of a crash and reduce rattles allows them to
push for higher prices – and make more profits.

May 24, 2013

Adidas and Puma take rivalry to European football final

FRANKFURT/LONDON (Reuters) – German sportswear makers Adidas and Puma renew their own decades-old rivalry when football teams Bayern Munich and Borussia Dortmund meet in Europe’s Champions League Final at Wembley on Saturday.

Adidas is the long-standing kit supplier to Bayern and owns a stake of around nine percent in the Bavarian club, while Puma became the sportswear partner of Dortmund a year ago.

May 24, 2013

Adidas and Puma take rivalry to European soccer final

FRANKFURT/LONDON, May 24 (Reuters) – German sportswear makers Adidas and Puma renew their own decades-old rivalry when soccer teams Bayern Munich and Borussia Dortmund meet in Europe’s Champions League Final at Wembley on Saturday.

Adidas is the long-standing kit supplier to Bayern and owns a stake of around nine percent in the Bavarian club, while Puma became the sportswear partner of Dortmund a year ago.

May 24, 2013

European football final adds new chapter to Adidas-Puma rivalry

FRANKFURT/LONDON (Reuters) – German sportswear makers Adidas and Puma will renew their own decades-old rivalry when Bayern Munich and Borussia Dortmund meet in the Champions League Final at Wembley on Saturday.

Adidas is the long-standing kit supplier to Bayern and owns a stake of around nine percent in the Bavarian club, while Puma became the sportswear partner of Dortmund a year ago.

May 24, 2013

European soccer final adds new chapter to Adidas-Puma rivalry

FRANKFURT/LONDON, May 24 (Reuters) – German sportswear makers Adidas and Puma will renew their own decades-old rivalry when Bayern Munich and Borussia Dortmund meet in the Champions League Final at Wembley on Saturday.

Adidas is the long-standing kit supplier to Bayern and owns a stake of around nine percent in the Bavarian club, while Puma became the sportswear partner of Dortmund a year ago.

    • About Victoria

      "Based in Frankfurt, covering German companies in the retail, travel and leisure sectors. In my previous Reuters incarnation in London, I focused on green tech firms, utilities and an array of smallcaps that came my way on the Breaking News team. I started my career as a translator with the Financial Times in London before switching into journalism."
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