Stock Movers Puma Surges, Dr Martens Slides, Credit Agricole Up
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Jan 27, 2026 A major sale of a large Puma stake to a Chinese sports group sparks a sharp share surge. A shoemaker reports weaker holiday revenue and its stock tumbles. A French bank earns an upgraded recommendation and sees a notable share bump. Short market roundup and trade implications are discussed in quick, lively segments.
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Anta's Strategic Puma Purchase
- Anta agreed to buy a 29% stake in Puma for €1.5 billion at a 62% premium.
- The deal boosts Puma's turnaround while supporting Anta's global multi-brand expansion.
Reporter's Jinjiang Shoe Capital Story
- Louise Moon recounts reporting from Jinjiang, China's shoe capital, where Anta originated.
- She describes blocks of shoe vendors and founders who built major global brands from that town.
Dr. Martens' Tough Peak-Season Quarter
- Dr. Martens reported weaker-than-expected Q3 revenue during peak trading, hitting shares hard.
- Europe remains challenging while the company pivots to prioritize profitability and disciplined promotions.