Posts tagged as puma

  • Puma's quarterly figures are not this golden, but footwear is the least of the company's worries.

    Friday, November 6th 2015

    Puma is reportedly for sale – again

    by Markus Huber

    It was about time to spread the story (again) that French luxury and lifestyle group Kering is unhappy with Puma’s performance and willing to sale its majority stake in the German sporting goods company. The story is not new, but the rumors have helped to lift Puma’s stock value to its highest level for two years […]

  • Wednesday, October 7th 2015

    Adidas confirms leadership in the Indian market

    by Markus Huber

    Adidas surpassed its competitors Puma and Nike in the Indian market in 2014. Excluding Reebok, the Three Stripes reached total sales of 805 Indian rupees crore (€109.6 million) in the period between April 2014 and March 2015. Sales were up from INR 737 crore (€100.0 million) in the previous period. Its major rival Puma reached, […]

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    Wednesday, September 30th 2015

    New shift in Puma’s management

    by Markus Huber

    Puma has appointed Daniela Molin as new business leader for accessories and licenses. She follows Philippe Le-Bretton who will switch to Singapore to run the brand’s business in southeastern Asia. In this position, he succeeds José Miguel Gomes de Andrade who is to leave the company. Molin has been with the sports and lifestyle company […]

  • Thursday, July 16th 2015

    VF still considering acquisition of Puma

    by Markus Huber

    Footwear News reports that it has heard that VF Corp., which owns brands like The North Face, Lee, Jansport, Eastpak and others, is still considering acquiring Puma. The majority shareholder of the German sporting goods company is currently Kering, the French group behind luxury labels such as Gucci and Yves Saint-Laurent. Kering denied it would be willing to sell, […]

  • Monday, July 6th 2015

    Eyewear: Puma looks through Kering’s glasses

    by Markus Huber

    The German sports and lifestyle brand is re-organizing its licensed eyewear business, including sunglasses and optical frames, by the end of the current year. Effective January 2016, Puma will join its majority shareholder’s move in establishing Kering Eyewear. Simultaneously, the brand will end the licensing agreement with its long time partner, Charmant, in the eyewear […]

  • Friday, June 5th 2015

    BSI and leading brands join German alliance for sustainable textiles

    by Markus Huber

    BSI, the German Sports Goods Manufacturers Association, has joined the governmental initiative Bündnis für nachhaltige Textilien (“alliance for sustainable textiles”). It is also encouraging its members to do the same. The federation is following the invitation of the Federal Ministry for Economic Cooperation and Development to join forces for increased corporate social responsibility both in […]

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    Tuesday, May 19th 2015

    Puma’s parent is tired of Alibaba’s lax policy on fakes

    by Markus Huber

    Kering, the French group which owns a number of luxury brands, including Gucci and Yves Saint Laurent, and also controls Puma and other sports brands such as Tretorn, Cobra Golf and Volcom, is getting bullish about Alibaba allegedly not doing enough to combat the extensive offer of counterfeits on its websites. As a result, Kering is now […]

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    Monday, April 27th 2015

    Alert on Sesame Street: There’s a puma in the hood

    by Markus Huber

    Puma has sealed an agreement with merchandising agency CPLG Germany, which holds the licensing rights of Sesame Street for the German-speaking countries. The lifestyle brand will launch a co-branded line of shoes, apparel and bags on behalf of Sesame Workshop, a non-profit educational organization. The deal is a global one and not limited to certain […]

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    Thursday, April 23rd 2015

    Puma EMEA under new leadership

    by Markus Huber

    With immediate effect, Puma has named Martyn Bowen as its new general manager for Europe Middle East and Africa (EMEA). He succeeds Volfango Bondi, who leaves the sports and lifestyle company at his own request for new business opportunities. 51-year old Bowen is general manager for the EEMEA region that comprises Eastern Europe, the Middle East, […]

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    Wednesday, April 22nd 2015

    Puma appears to be back in business

    by Markus Huber

    Kering, the French majority owner of Puma, has reported mixed results for the first quarter of 2015. Sales were up by 11.4 percent to €2.7 billion, but excluding non-recurring items, such as acquisitions and currency effects, turnover slipped by 0.6 percent. The good news was that Puma impressively boosted its global sales by 13 percent […]