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2:32 PM · 4 November 2022

Reshuffle in the Puma and Adidas group!

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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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