Archive · 31 Jul 2025

Adidas and Puma Face Sales Slowdown Amidst Rising Costs and Competition

Adidas and Puma Face Sales Slowdown Amidst Rising Costs and Competition

Adidas and Puma, two big sportswear companies, are having some trouble.

Adidas, known for its Samba sneakers, didn't sell as many shoes as expected, and its stock price went down.

Puma is also struggling due to tariffs (taxes on imported goods) and slower sales.

Both companies are losing money because of these issues.

The famous Samba shoes aren't as popular as they used to be, and other brands like Nike and Asics are becoming more fashionable.

Adidas is trying to introduce new shoe styles and focus on running shoes to get back on track and compete with other brands.

Sources