Professional Documents
Culture Documents
Marketing Plan PUMA Martin Fleischer Hristo Ivanov Maren Winkler
Marketing Plan PUMA Martin Fleischer Hristo Ivanov Maren Winkler
Marketing Plan PUMA Martin Fleischer Hristo Ivanov Maren Winkler
10. Competitors
o Well known luxury brand
o 4 years ago Prada dared to step into the sport segment
o Focus on fashion and trends but their price strategy is still too high
Prada Sports Diesel
o Major fashion brand including: sunglasses, footwear, watches, fragrances and writing tools
o Experienced an unexpected growth rate
o Brand is still situated in Italy (jeans production)
11. Financials, budgets forecasts (I)
o Financial results 2004/2005/ Q1-Q3 2006
Sales
Gross Margin
Administrative costs
Net Earnings
o Situation analysis & Recommendations
12. Financials, budgets forecasts (II)
o Contingency planning
Risks involved
Worst case scenario
Solutions
13. Conclusion
o Puma became most favored brand worldwideEntering fashion sector
o Redefining company structure lead to new image
Now able to compete with market leaders
o Growing market share forecasts for 2007