Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Puma, is a German multinational corporation that designs and manufactures athletic and casual footwear, apparel and accessories. Puma is the third largest sportswear manufacturer in the world.

 
 
 
 
 

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
24
Assets(RF), mln.USD
76
Capital(RF), mln.USD
29
Glob.Revenue, mln.USD
9309
Shops
110
Staff(RF), 2021
1303
Taxes(RF), mln.USD
11
The Company Statement
June 21, 2023

Promised to suspend deliveries and operations at all its stores in Russia. Questions about Puma's relationship with wholesalers linked to Russia arose as early as May 2022. One of the leading exporters after the invasion is EUT SOLUTIONS PTE. LTD, a Singapore company, registered on 10 August 2022. Significantly reduced revenue in 2023 vs 2022.

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Statements Archive
June 16, 2024LLC "PUMA-RUS" - Moscow - General Director Ryba Miroslav - TIN 7701231873
March 18, 2024They came out, but not completely. How top sports brands continue to make money in the Russian Federation. Puma: "daughter" with the Czech manager and uniform for "Dynamo Moscow"
June 26, 2023In the Russian division of the Puma brand, the CEO was replaced
May 31, 2022Puma taking orders from wholesalers, including those with Russian presence
March 05, 2022Puma suspends operation of all its stores in Russia
March 05, 2022Puma suspends sales in Russia - TASS
Demand to Leave Russia:Petition text has been copied to the clipboard.
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