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Imported luxury shoe brands trip on delayed BIS nod for sourcing units

The upscale footwear industry, featuring designer labels and high-end sports shoes, faces upheaval as manufacturers warn of potential consumer inability to purchase new spring-summer releases. The Bureau of Indian Standards (BIS) has not certified Chinese and Vietnamese factories, a prerequisite for importing. Official says Indian govt keen to push local manufacturing after flood of low-quality footwear from China. ....

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Puma Se (OTCMKTS:PUMSY) Sees Significant Increase in Short Interest

Puma Se (OTCMKTS:PUMSY – Get Free Report) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 2,600 shares, an increase of 18.2% from the November 15th total of 2,200 shares. Based on an average daily trading volume, of 539,500 shares, the short-interest ratio is currently 0.0 […] ....

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Pep Guardiola flaunts immaculate intellect with chess genius!

Courtesy of PUMA, Manchester City boss Pep Guardiola has linked up with a genius of his ilk for an exclusive intellectual talk. Here's a look! ....

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Puma says decision to end collaboration with Israel national soccer team was made in 2022

German sportswear giant Puma says its decision to end its collaboration with Israel's national soccer team next year was made in 2022 — before the current Israel-Hamas war started. “The decision is based solely on business reasons,” Puma communications chief Kerstin Neuber said Tuesday. Puma, which has faced calls for consumer boycotts over its contract with the Israeli soccer association, said the decision was made at the end of 2022 when the company decided to implement its “fewer-bigger-better strategy” and apply it to its marketing campaigns. ....

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