China's Anta Sports muscles in with $1.8 billion move for 29.1% Puma stake

  • Posted on January 27, 2026
  • By Business News Today
  • 4 Views
China's Anta Sports muscles in with $1.8 billion move for 29.1% Puma stake

Puma stake sale: Puma has been under pressure as demand weakened, and recent sneaker launches, including the Speedcat, ‍failed to ⁠generate the momentum executives ⁠had hoped for. Hoeld, who took over last year, has outlined a turnaround focused on brand heat, performance products, and cost discipline.
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