The nextlevel programme is aimed at cost reduction and operational enhancements to boost profitability growth.

Just a day after Adidas reported solid results, Puma said fourth-quarter sales rose 9.8% - below the 12% forecast by analysts.

Reigning FIA World Rally Champion Thierry Neuville (main image) led the season-opening Monte Carlo Rally after Thursday evening’s trio of alpine stages north-west of Monaco as early pacesetter ...