EE Impact

Puma

Germany · Consumer Goods & Clothing

LeaveRussia detail: Suspension

Operations suspended

Puma, is a German multinational corporation that designs and manufactures athletic and casual footwear, apparel and accessories. Puma is the third largest sportswear manufacturer in the world.

Status last verified 03/08/2026Source checked 11/12/2024Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 11/12/2024 · Reference ↗

Promised to suspend deliveries and operations at all its stores in Russia. Questions about Puma's relationship with wholesalers linked to Russia arose as early as May 2022. One of the leading exporters after the invasion is EUT SOLUTIONS PTE. LTD, a Singapore company, registered on 10 August 2022. Local entity significantly reduced revenue in 2023 vs 2022. According to representatives of PUMA Group, they have significantly reduced staff and are reducing their activities on the Russian market, and are also closing the legal entity (although this has not yet been reflected in official registers).

Local stats (LeaveRussia)

Assets(RF), mln.USD
76
Capital(RF), mln.USD
29
Glob.Revenue, mln.USD
9309
Revenue(RF), mln.USD
24
Shops
110
Staff(RF), 2021
1303
Taxes(RF), mln.USD
11

Status history since 2022

  1. 03/08/2026 suspended · Imported from KSE LeaveRussia

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Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.