PUMA's Background PDF download - About PUMA
PUMA's Background PDF download - About PUMA
PUMA's Background PDF download - About PUMA
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share price rises from 8.6 Euros in 1993 to an all time high of 350 Euros in April 2007.<br />
Zeitz manages to turn <strong>PUMA</strong> from a low price brand into a premium Sportlifestyle<br />
company and one of the top 3 brands in the sporting good industry by sticking to a<br />
long-term development plan that he introduced in 1993.<br />
In 2007, French luxury group PPR (now Kering), one of the world’s top fashion and retail<br />
companies, acquires more than 60 percent of <strong>PUMA</strong>. With the support of Kering, <strong>PUMA</strong><br />
strengthens its position as the leading company in the Sportlifestyle market with a<br />
continued focus on long-term sustainable growth. With the transformation of the<br />
company into a European Corporation (SE) in July 2011 Franz Koch succeeds Jochen<br />
Zeitz as CEO after 18 years in this position. Zeitz ensures a continuous strategic<br />
management of the company’s next phase of its corporate development as the<br />
Executive Chairman of the one-tier <strong>PUMA</strong> SE Board until the end of November 2012.<br />
As of December 2012, Jean-François Palus, Group Managing Director of PPR, takes over<br />
as Chairman of the Administrative Board of <strong>PUMA</strong> SE. And on April 18 th , 2013, the<br />
Administrative Board of <strong>PUMA</strong> SE appoints Björn Gulden (47) as the Sportlifestyle<br />
company’s new Chief Executive Officer (CEO), effective 1 July 2013. Björn Gulden brings<br />
to <strong>PUMA</strong> an extensive international experience of nearly 20 years in the sporting goods<br />
and footwear industry, where he held a variety of management positions. His main task<br />
is to lead <strong>PUMA</strong> through its continuing restructuring and transformation program.<br />
With the objective of being “The Most Desirable and Sustainable Sportlifestyle<br />
Company”, <strong><strong>PUMA</strong>'s</strong> position as one of the few, true multi-category brands is to be<br />
strengthened and the opportunities offered by the Sportlifestyle market are to be<br />
systematically exploited in all categories and regions. As a multi-category supplier, <strong>PUMA</strong><br />
is active in categories and business fields/divisions that suit its unique brand positioning,<br />
and in which permanent value increases can be achieved for the company.<br />
<strong>PUMA</strong>Vision forms the guiding principle for <strong>PUMA</strong> and our global partnerships and<br />
commitments. It combines the concepts and initiatives of <strong>PUMA</strong> with respect to<br />
„entrepreneurial sustainability“ and „social responsibility“. The four principles of<br />
<strong>PUMA</strong>Vision, fair, honest, positive and creative constitute the compass of our<br />
company, employees, partners and target groups with respect to all our decisions.<br />
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