The logo of Puma SE displayed successful the model of the flagship store successful Berlin, Germany, connected Wednesday, March 1, 2023. Puma forecast slower nett maturation arsenic caller Chief Executive Officer Arne Freundt confronts excess inventory and higher costs for selling sneakers and apparel. Photographer: Krisztian Bocsi/Bloomberg via Getty Images
Bloomberg | Bloomberg | Getty Images
Puma shares jumped much than 13% Thursday pursuing a study that China's Anta Sports is among a fig of firms looking to bargain the German diversion brand.
Puma whitethorn besides pull involvement from Chinese apparel steadfast Li Ning and Japan's Asics Corp, Bloomberg reported, citing unamed sources.
Puma declined to remark and Anta Sports has yet to respond to a petition for remark from CNBC.
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