Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionPuma, 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.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionPromised 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. Local entity significantly reduced revenue in 2023 vs 2022. According to representatives of PUMA Group, they have significantly reduced staff and are reducing their activities on the Russian market, and are also closing the legal entity (although this has not yet been reflected in official registers).