Puma Announces Plans to Create 50 Jobs in Michigan

Puma Biotechnology, Inc. (Nasdaq: PBYI), a biopharmaceutical company, today announced that it plans to create 50 jobs in Michigan over the next three years. The company will be expanding its operations at its Ann Arbor, Michigan facility.

"We are excited about our plans to expand our operations in Ann Arbor and create 50 jobs in Michigan over the next three years," said Alan Auerbach, Chief Executive Officer of Puma Biotechnology. "The state of Michigan has been very supportive of our business and we are grateful for the opportunity to grow our presence here."

Puma Biotechnology plans to commence operations at its expanded facility in the third quarter of 2019.

Puma Enters into Licensing Agreement with J.C. Penney

On July 9, 2019, Puma SE entered into a licensing agreement with J.C. Penney Company, Inc. Pursuant to the agreement, J.C. Penney will produce and sell a women's contemporary fashion collection designed by Puma.

The collection is scheduled to launch in February 2020 and will be available in J.C. Penney stores and online. The agreement marks Puma's first entry into the U.S. department store market in over a decade.

Commenting on the licensing agreement, Bjørn Gulden, Chief Executive Officer of Puma, said:

"We are excited to partner with J.C. Penney and tap into their vast distribution network to bring our women's fashion line to a wider audience in the U.S….This partnership demonstrates our commitment to expanding our retail footprint in key markets around the world and leveraging synergies with best-in-class partners to create further value for our shareholders."

Shares of Puma rose following the announcement of the licensing agreement, with analysts praising the move as a strategic one that will allow the company to expand its reach in the U.S., its second-largest market after Europe.

Puma Launches First Made-In-USA Collection

Puma has announced the launch of their first ever "made-in-USA" collection, with footwear and apparel made in the company's own factories in Massachusetts and New Jersey.

The collection includes a variety of shoes, jackets, and T-shirts, all of which have been designed to reflect the spirit of classic Americana. From work boots to sneakers to bomber jackets, there's something for everyone in Puma's new line.

"We're incredibly excited to launch our first Made-in-USA collection," said Puma CEO Bjørn Gulden in a statement. "This is a momentous occasion for Puma as we continue to invest in our domestic manufacturing capabilities and bring jobs back to America."

The new line is already available on the company's website, with prices ranging from $50 for a T-shirt to $200 for a pair of shoes. So far, the response has been overwhelmingly positive, with many customers praising Puma for their commitment to American manufacturing.

"I'm so glad that companies like Puma are bringing jobs back to America," said one customer on social media. "I'll definitely be shopping their new Made-in-USA collection."

With unemployment rates still below 4 percent nationwide, it's encouraging to see companies like Puma investing in American workers and producing high-quality products right here at home. Thanks, Puma!

Puma and Rihanna Team Up for Second Collection

Last year, Rihanna and Puma teamed up for their first collaboration. The collection was a huge success, and the two are back at it again with a second line.

The new line consists of both athletic wear and lifestyle apparel. Pieces include hoodies, joggers, tees, and sneakers. The colors are bold and bright, perfect for any summer outfit.

The collection is already available online and in stores. So if you're looking for some new summer gear, be sure to check out the Puma x Rihanna line!

Puma Brings Innovative New Running Shoe to Market

In March of 2017, Puma announced the launch of their latest running shoe, the Ignite Evoknit. This innovative new shoe has a number of features that make it stand out from the competition.

The Ignite Evoknit is made with a snug knit upper that conforms to the shape of your foot for a custom fit. It also has a unique lacing system that locks your heel in place for added support. Additionally, the Ignite Evoknit features Puma's signature Ignite foam cushioning, which provides excellent energy return and helps to reduce fatigue.

So far, the reviews of the Ignite Evoknit have been overwhelmingly positive. runners love how comfortable and supportive it is, as well as its sleek and stylish design. With its combination of performance and style, the Puma Ignite Evoknit is sure to be a hit with runners of all levels.