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History Puma today Products segments Chair person Management phases Promotional strategy Financial statement Swot analysis\ Competitors Mission statement Draw backs conclusion
HISTORY
Dassler brothers in the year 1924 started Gebrder Dassler Schuhfabrik (Dassler Brothers Shoe Factory). In 1948, the brothers split their business, Adolf called his firm Adidas after his nick name; Rudolf called his new firm Ruda - from Rudolph Dassler. Rudolf's company changed its name to Puma Schuhfabrik Rudolf Dassler in 1948, and became a public company in 1986
PUMA TODAY
Present day Puma AG has approximately 7,742 employees and distributes its products in more than 80 countries. CEO and Chairman Jochen Zeitz since 1993. Puma is the main producer of enthusiast driving shoes and race suits. They are the prime producer in both Formula One and NASCAR especially. It is the official sponsor for fifa world cup Puma has partnership with ferrari and bmw
HEAD QUATERS
CHAIRPERSON PUMA
Jochen zeitz is the ceo of puma since 1993 Under his management puma profit has increased a lot The company also manufactured goods for non commercial sports Sports apparels and accessories were introduced . The countries of operation has increased to 80 countries
PHASES IN MANAGEMENT
Phase I PUMA s long-term corporate development plan starts whereby the aim is to restructure the company and establish a solid financial footing. PUMA registers a profit for the first time since its IPO in 1986. PUMA presents its PUMA CELL technology, the first foam-free midsole. Phase II PUMA s long-term development plan starts. Its aim is to reposition the brand through investment in marketing and product development PUMA and Jil Sander jointly launch a footwear collection. PUMA launches www.puma.com, featuring regional ecommerce
FINANCIAL RESULTS
The last three years financial results of puma
SWOT ANALYSIS
Strengths Experience in r and d branding Management and international strategy weakness `missing sports segments Low financial resources compared to rivals opportunities Fitness hype Technology Acquisitions and sponsorships threats Actual economic situtaion High competition and imitation of products
PUMA COMPETITORS
PUMAS COMPETITORS
MISSION STATEMENT
To be the world most desired brand in sports wear
DRAWBACK OF PUMA
Very low brand awarness Market share is low Advertising is very low No penetration into the market
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