Xin Lang Cai Jing·2025-08-26 05:13Group 1 - Recent market rumors suggest that the Pinault family is considering selling their 29% stake in Puma and has contacted potential bidders such as Anta Sports and Li Ning [1] - Puma's stock price surged by 20% following the rumors, marking the largest increase since October 2001, with a current market capitalization of approximately €3.2 billion (about ¥26.6 billion) [1] - Puma has faced performance challenges, with a 4.4% revenue growth to €8.817 billion in 2024, lagging behind competitors like Adidas and Lululemon, which reported revenue growth rates of 12% and 10% respectively [2] Group 2 - Puma's net profit for 2024 decreased by 7.6% to €282 million, and the company reported a 2.0% decline in sales to €1.942 billion in the second quarter of 2025, falling short of market expectations [2] - A profit warning indicated that Puma will incur losses in 2025, with previous EBITDA guidance of €445 million to €525 million being withdrawn due to weak sales and the impact of U.S. tariffs on gross profit [2] - Recent management changes at Puma include the appointment of former Adidas executive Arthur Hoeld as CEO and Andreas Hubert as COO, effective September 1, 2025 [2] Group 3 - Anta Sports has expanded its portfolio by acquiring the German outdoor brand Jack Wolfskin for $290 million, alongside owning several other international brands [3] - Li Ning Company focuses on the growth of its core "Li Ning" brand while also owning other brands such as Double Happiness and Aigle [3]