Professional Documents
Culture Documents
Puma
Puma
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 e-commerce
Phases in management
cont…
Phase III
• Phase III aims to further explore the potential of the
brand by generating desirable and profitable growth .
• PUMA signs on as the official supplier of apparel and
footwear to the FIA World Rally Championship, WRC.
• PUMA launches 4some, a new European cross training
event for women.
• PUMA AG and the Mild Seven Renault F1 Team sign a
multi-year contract.
• PUMA becomes the official supplier of racing shoes to
Michael Schumacher
Phases in management
cont…
Phase IV
• PUMA launches Phase IV of its long-term oriented
business plan. In Phase IV, Company Expansion, PUMA
has the long-term mission of becoming the most
desirable Sportlifestyle company.
• PUMA launches its new Golf collection.
• PUMA and Ducati, the world’s premier motorcycle
manufacturer and one of the top Moto GP teams
announce a new cooperation.
• PUMA appoints Hussein Chalayan, global designer,
artist and film maker, as the Creative Director for
PUMA, responsible for designing, creating and
developing the sport fashion collections of the brand
Financial Position
Year over year, Puma AG has seen net income shrink from €232.8M to
€128.2M despite relatively flat revenues. A key factor has been an increase
in the percentage of sales devoted to SGA costs from 37.75% to 42.05%.
2008 2009
TOTAL REVENUES 2,524.2 2,460.7
Cost of Goods Sold 1,217.6 1,198.2
GROSS PROFIT 1,306.6 1,262.5
OPERATING EXPENSES, TOTAL 982.3 1,072.1
OPERATING INCOME 324.3 190.4
NET INCOME 232.8 128.2
branding Technology
weakness threats