2:32 PM · 4 November 2022

Reshuffle in the Puma and Adidas group!

Puma's (PUM.DE) resigning CEO Bjorn Gulden is set to become the new head of its competitor Adidas (ADS.DE) at the end of the year - , German Manager Magazin reported on Friday. Adidas shares are currently gaining over 17.5%, and Puma shares fell nearly 9%.

Source: xStation 5

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