Puma
Puma appoints Johan Kuhlo as General Manager EEMEA Distribution
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
Puma focuses on survival and recovery
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
Puma to propose Suspension of Dividend and to hold digital AGM
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
Puma stores reopen in Wuhan
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
Puma with record sales
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
Puma signs first American professional soccer team
New Mexico United will become the first American professional soccer team to partner with Puma
24 new companies join the Fashion Pact
Signatory companies of the Fashion Pact have met in Paris for a first working meeting and 24 more companies joined the group
Best quarter ever for Puma
Best set of results posted in a quarter, both in terms of revenue and EBIT, was announced by Germany-based Puma. Footwear with 17% growth
Puma, Balmain and Cara Delevingne together
Brands Puma and Balmain join to debut their first creative collection with artist Cara Delevingne
Kering: another step away from Puma
Kering launches an offering of bonds exchangeable into existing ordinary shares of Puma due 2022 for a nominal amount of 500 million euros. Another step by Kering to reduce its remaining stake in Puma
Puma commits to 35% reduction in carbon emissions
Germany-based sports company Puma aims for a 35% reduction of its greenhouse gas emissions by 2030, a target which was approved by the Science Based Target initiative (SBTi)
Best quarter ever for Puma
Puma's sales growth continued in the first quarter of 2019. Sales rose by 15.3% currency-adjusted to 1 319.3 million euros (+16.6% reported) compared to 1 131.1 million euros last year. CEO announces best quarter ever
Puma with new North American headquarter
The company believes that moving to a larger, unified location at Assembly Row in Somerville, Massachusetts, will provide for growth and best-in-class employee experience
Double digit growth for Puma' sales and profitability
In the third quarter sales increased by 14% currency-adjusted to 1 242 million euros (+11% reported) with double-digit growth in the Americas and Asia/Pacific regions. Profitability also grew at two digit's rates-
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