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
137
Assets(RF), mln.USD
124
Capital(RF), mln.USD
65
Glob.Revenue, mln.USD
8901
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.

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
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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