Puma SE, Europe’s second-largest sporting-goods maker, reported a 25 percent decline in first- quarter profit, underscoring the scale of the challenge facing Chief Executive Officer Bjoern Gulden to achieve a turnaround.
George Zimmerman, the Neighborhood Watch volunteer accused of murdering Trayvon Martin, didn’t shoot the teenager in self-defense, a prosecutor told a jury of six women at the start of trial in Florida.
Bjoern Gulden turned round Danish jewelry maker Pandora A/S in a little more than a year. Working his charm at Puma SE will be a tougher task after Europe’s second-biggest sporting-goods maker cut its profit guidance.
Burberry Group Plc fell the most ever in London trading as the U.K.’s largest luxury-goods maker said full-year profit will disappoint after sales growth slowed globally, rattling the stocks of industry rivals.
Kingfisher Plc , Europe’s largest home-improvement retailer, reported a smaller drop in sales at its B&Q shops than analysts had anticipated and said it expects revenue to improve in the year’s final quarter.