Germany-based sports company Puma has appointed Hubert Hinterseher as its new Chief Financial Officer and Arne Freundt as its new Chief Commercial Officer starting on the 1st of June
The Germany-based sportswear company has been named Top Employer Europe for the second time in a row. Puma says this award highlights the company's efforts to provide an attractive workplace for its employees
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic
According to the ranking World’s 50 Most Marketed Brands powered by Hookit, Nike derived 461.9 million US dollars in total sponsorship value from nearly 12 000 promoters and 5.56 billion social media engagements in the 12 months through August 2020
The French luxury group announced the launch of the sell-down of approximately 8.8 million shares that it owns in Puma SE, representing approximately 5.9% of the share capital of the sportswear brand
The global sports company announced a new partnership with Creative Director and Iconic Image Maker, June Ambrose. June will help Puma redefine what it means to be stylish in sport making use of her 25+ years of experience creating culture defining moments
Johan Kuhlo is currently Head of Corporate Strategy and Investor Relations and will become General Manager EEMEA Distribution with immediate effect. Kuhlo will be based in PUMA’s regional hub in Salzburg and report directly to Arne Freundt, General Manager EMEA
The sportswear brand is working with 3 phases - Survive, Recover, Grow Again - as it deals with the impacts of Covid-19. First quarter sales declined by 1.3%, but in the current quarter revenue is at 50% normal level
Given the strong negative impact of the Covid-19 crisis in the business, the Management Board of PUMA SE has decided to propose to the AGM the suspension of the dividend payment for fiscal 2019
The giant sporstwear brand has re-opened its store in Wuhan, China, the city where the coronavirus was first reported. The company plans to re-open its five other stores in the greater Wuhan region by mid-April
All regions and all product divisions were up by double digit rates, resulting in a 20.6% increase in total revuene. This made 2019 the best year in Puma's history