Anta Investment Doesn't Change Puma's Short-Term Outlook -- Market Talk
Dow Jones
Jan 29
1447 GMT - Anta Sports' agreement to buy a 29.06% in Puma is less important than the German sports retailer's restructure in the short term, MWB-Research analysts write. Chinese group Anta, which owns labels including Jack Wolfskin and is a major shareholder in the New York-listed company that owns Wilson, is set to become Puma's largest shareholder. However, "Anta's investment does not affect Puma's near-term fundamentals," the analysts write. Instead, Puma's continuing reorganization of its approach to distribution and inventory management is more important in the near term as execution risk remains, they say. Puma shares fall 5.6%. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
January 29, 2026 09:47 ET (14:47 GMT)
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