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april 2013<br />
#2<br />
Introducing<br />
PUMA's<br />
new CEO<br />
Björn<br />
Gulden<br />
EXCLUSIVE<br />
PPR<br />
be<strong>com</strong>es<br />
Kering<br />
›<br />
SPORTS<br />
Confed<br />
Cup Kits<br />
2013<br />
›<br />
entertainment<br />
Celebrities<br />
& PUMA<br />
products<br />
›
P_ 06<br />
CAtch up | # 02_April 2013 Content P _ 07<br />
PUMA BITES<br />
08 - 11<br />
PUMA Joy<br />
40 - 41<br />
PUMA VISION<br />
42 - 43<br />
PUMA VISION<br />
44 - 47<br />
# 02 | april 2013<br />
PUMA EXCLUSIVE<br />
12 - 17<br />
› INTERVIEW:<br />
PPR BECOMES<br />
KERING<br />
><br />
› Get the<br />
latest PUMA<br />
headlines<br />
><br />
Simply enJOY!<br />
PUMA entertainment<br />
><br />
38- 39<br />
› WORN MY WAY<br />
› CLEVER<br />
LITTLE HANGER<br />
><br />
› FAIR TRAde<br />
><br />
PUMA retail<br />
48 - 49<br />
› PROJECT<br />
CATAPULT<br />
Editorial<br />
02 - 05<br />
› CATching up with<br />
JEAN-FRANçOIS PALUS<br />
><br />
PUMA SPORTS<br />
18 - 21<br />
› CHECK OUT<br />
THE CONFED<br />
CUP KITS<br />
PUMA SPORTS<br />
22 - 25<br />
› ROCKING THE<br />
CHAMPS 2013<br />
><br />
PUMA entertainment<br />
34 - 37<br />
› PLACING PUMA<br />
PRODUCT<br />
><br />
PUMA globe<br />
50 - 53<br />
› WHAT'S NEW<br />
IN YOUR PUMA<br />
COUNTRIES<br />
><br />
PUMA SPORTS<br />
26 - 27<br />
› AARON<br />
HERNANDEZ<br />
TRAINS WITH<br />
US<br />
PUMA SPORTS<br />
28 - 29<br />
› NEWS FROM<br />
COBRA PUMA<br />
GOLF<br />
PUMA Lifestyle<br />
30 - 33<br />
› HOT SOLES › NEW CEO:<br />
BJÖRN GULDEN<br />
><br />
PUMA Business<br />
54 - 55<br />
>
P_08 CAtch up | # 02_April 2013 BITES<br />
P _09<br />
PUMA Sustainable Design Lecture<br />
PUMA SUPPORTS A GREENER RIDE<br />
PUMA’s football teams on<br />
the hunt for Glory<br />
Last night, PUMA Club Borussia Dortmund thrilled<br />
the world with a devastating display of attacking<br />
football in the first leg of the UEFA Champions<br />
League semi-final against the legendary Spanish<br />
club Real Madrid. After an incredible performance<br />
that delighted fans (and club partners), BVB won<br />
4-1 following four goals from Robert Lewandowski<br />
– the first time one player has scored four goals<br />
in a European Cup semi-final in the history of the<br />
<strong>com</strong>petition. Dortmund is in excellent shape to<br />
be<strong>com</strong>e the first PUMA team ever to make the final<br />
of the Champions League, in what looks like an all<br />
German affair following Bayern Munich’s earlier<br />
demolition of FC Barcelona.<br />
Some may say this success was written in the stars, after the football miracle in Dortmund only two weeks earlier. The team showed<br />
incredible spirit to <strong>com</strong>eback with two goals in injury time against Malaga. The second leg will be played in Madrid on Tuesday, April<br />
30th. Fingers crossed! Another PUMA club that is on the chase for a title win is VfB Stuttgart, who made it to the final of Germany’s cup<br />
‘DFB-Pokal’. Before they can lift the trophy though, the team will have to beat this season’s Bundesliga champions Bayern Munich on<br />
June 1st. Other teams however have already brought great success this season. Congratulations go to Greek Superleague winners<br />
Olympiacos FC, who finished an extraordinary season with only one (!) loss throughout the whole season. Further excitement within<br />
the PUMA family was caused by the English club Cardiff City FC that after 51 long suffering years have finally earned the rights to<br />
<strong>com</strong>pete in the Premier League again. Chapeau guys! Hats off to you all!<br />
In future, you could change trains<br />
without stopping at a station<br />
but rather by getting on and off<br />
through a clever docking system as they<br />
race along.<br />
Paul Priestman, designer and cofounding<br />
Director of Priestmangoode,<br />
explained this and other innovations<br />
during the Third Annual PUMA Design<br />
Lecture in February at the Design<br />
Museum in London.<br />
You can watch and download a recap at:<br />
› click here<br />
ORACLE secure championship<br />
ORACLE TEAM USA secured the overall 2012-13 America's Cup World Series<br />
season championship over the weekend. Tom Slingsby and the team's young guns<br />
filled in for skipper Jimmy Spithill and crew during this World Series event. The<br />
Team is the defender in the up<strong>com</strong>ing America's Cup (Sept 7-21).<br />
"I'm really proud to be getting the America's Cup World Series trophy for ORACLE<br />
TEAM USA," said skipper Tom Slingsby. America’s Cup World Series Naples wraps<br />
up the 2012-13 America’s Cup World Series season. The focus now shifts to the<br />
“Summer of Racing” planned for San Francisco. It begins in July with the Louis<br />
Vuitton Cup, the America’s Cup Challenger Series, and concludes in September<br />
with the America’s Cup Finals. PUMA is the official technical supplier of<br />
ORACLE TEAM USA. Learn more: › click here
P_10 CAtch up | # 02_April 2013 BITES<br />
P _11<br />
MY NEIGHBOURHOOD<br />
The documentary “My Neighbourhood” tells the<br />
story of a young Palestinian boy who loses his<br />
home in East Jerusalem to Israeli settlers. But he<br />
fights back by joining a <strong>com</strong>munity-led nonviolent<br />
struggle with the support of thousands of Israeli<br />
activists. The film, very much in the same vein as<br />
the PUMA Impact Award winner “Budrus”, has been<br />
praised by critics and scooped many awards since<br />
opening at the Tribeca Film Festival last year. Most<br />
recently it bagged the Peabody Award, one of the<br />
most prestigious TV prizes in the United States.<br />
Watch it for free: › click here<br />
“William and the Windmill” is Ben Nabors’ film<br />
about a 14-year-old Malawian who taught himself<br />
to build a windmill to power his family’s property<br />
using bottle tops and bicycle parts. It goes beyond<br />
the incredible story of William Kamkwamba, the<br />
amateur inventor, to explore the<br />
challenges that came next amid the<br />
high-profile attention that radically<br />
changed the young boys life. The<br />
film, which was supported by a PUMA<br />
Catalyst Award, premiered at the<br />
South by Southwest (SXSW) Film<br />
Festival in Texas, scooping the Grand<br />
Jury Award for Documentary Feature,<br />
one of the festival’s top two honours.<br />
› Check out the trailer<br />
WILLIAM AND THE WINDMILL<br />
We have spare copies of the children’s book<br />
“Marmo Saves the Seas” featuring the<br />
mascot of PUMA’s Ocean Racing crew.<br />
In the book the little red octopus tells<br />
children of the value and wonder of<br />
our oceans and the importance of<br />
preserving them. If you would<br />
like copies for you and your<br />
colleagues – available in English,<br />
Spanish, Chinese, Portuguese,<br />
French and Arabic – please send<br />
an email by May 6th to<br />
<strong>catchup</strong>@puma.<strong>com</strong> . Those outside Europe<br />
will need to arrange shipping and tax forms.<br />
Sets of books will be given out on a<br />
first-<strong>com</strong>e, first-served basis.<br />
MARMO BOOKS TO GIVE AWAY
P_12<br />
CAtch up | # 02_April 2013 exclusive<br />
P _13<br />
Changing<br />
from PPR to<br />
Our Group PPR has changed its<br />
name to Kering. François-Henri<br />
Pinault, chairman and CEO, and<br />
Louise Beveridge, SVP <strong>com</strong>munications, explain<br />
the reasons behind the corporate rebranding.<br />
By Jonathan Duff, Kering<br />
corporate journalist<br />
Why did you decide to change the name of the<br />
Group?<br />
François-Henri Pinault: Changing name is both<br />
a necessity and an opportunity for us. Our transformation<br />
from a diverse, financial holding <strong>com</strong>pany<br />
into a cohesive, integrated and international<br />
group is now <strong>com</strong>plete. Our new identity<br />
reflects who we are now, marking our change in<br />
scope and activity.<br />
We focus on a single business: the design,<br />
manufacture and marketing of desirable products<br />
through an ensemble of 18 brands across<br />
two fast growing segments: sport & lifestyle<br />
(where PUMA is the largest and most important)<br />
and luxury. The new name gives us a great<br />
chance to reaffirm who we are today, our identity,<br />
our vision, and the business we want to build<br />
tomorrow.<br />
Why did you choose Kering?<br />
First, the new name has a meaning. I pronounce<br />
it like the English word, ‘caring’ as I wanted a<br />
name that reflects the <strong>com</strong>pany’s approach to its<br />
brands, its people, its customers and the environment.<br />
The name is a reminder of the Group’s<br />
– and my family’s – origins in the Brittany region<br />
of France because ker means home in Breton.<br />
Kering is the home that shelters and nurtures<br />
our brands and teams.<br />
The suffix ‘ing’ signifies movement. It means<br />
building rather than managing an existing business.<br />
It also means we are constantly challenging<br />
ourselves.<br />
Why do you have a different name in China?<br />
The Chinese represent a significant proportion<br />
of the Group’s current and future, expected<br />
customer base. We therefore created a special<br />
name that resonates in China and which is short<br />
and easy to pronounce. ‘Kai Yun’ is close to Kering<br />
both in sound and meaning. It conveys the<br />
idea of clearing the sky, making everything possible,<br />
and pushing the limits of imagination and<br />
dreams.<br />
What do the owl emblem and the new signature<br />
represent?<br />
Well, I was keen for the <strong>com</strong>pany to have a living<br />
figure. With its sharp vision, the owl represents<br />
the visionary side of the Group, our ability ><br />
Louise Beveridge (left)<br />
and François-Henri Pinault<br />
Ad for Kering with ‘Usain Bolt, Olympic<br />
champion. Imagination gives him wings,<br />
› Check out the video<br />
his legs do the rest.’
P_14<br />
CAtch up | # 02_April 2013 exclusive<br />
P _15<br />
to anticipate trends and spot the potential in<br />
people and brands. It’s a discreet and protective<br />
animal and a sign of wisdom. The owl is a powerful<br />
symbol for a Group that guides and nurtures<br />
its brands and people! My father collects owls so<br />
there’s a personal link too.<br />
Our signature, ‘Empowering Imagination’, confirms<br />
that imagination is at the heart of our business,<br />
enabling us to create value in the broadest<br />
sense. We encourage the creativity and agility<br />
of our brands by empowering them to reach beyond<br />
their current limits, to lead and innovate,<br />
to realize their artistic and financial potential –<br />
in the most sustainable manner. And we do this<br />
by providing both structure and autonomy. The<br />
resources, support and connections we provide<br />
is what underpins the growth of our brands. It’s<br />
what we call the ‘Kering effect’.<br />
When does all this take place? Can we already use<br />
Kering?<br />
We are already using the new name, which will<br />
be formally adopted at the Group’s annual general<br />
meeting in June, and I invite everyone at<br />
PUMA to do so from now on.<br />
Kering (formerly called PPR) is PUMA’s majority shareholder<br />
> A family-controlled, listed <strong>com</strong>pany, Kering is a world<br />
leader in apparel and accessories, which develops an ensemble<br />
of powerful brands<br />
> The Group designs, manufactures and markets desirable<br />
products across two fast growing segments:<br />
• Sport & Lifestyle: PUMA, Vol<strong>com</strong>, Cobra, Electric and<br />
Tretorn<br />
• Luxury: Gucci, Bottega Veneta, Saint Laurent, Alex- › Check out this Empowering<br />
ander McQueen, Balenciaga, Brioni, Christopher Kane,<br />
Imagination video<br />
Stella McCartney, Sergio Rossi, Boucheron, Girard-<br />
Perregaux, JEANRICHARD, Qeelin<br />
> Mission: to allow our customers to express, fulfil and enjoy<br />
themselves through our products. This is in line with underlying<br />
societal trends: increases in purchasing power,<br />
people seeking to affirm their personality and the desire to<br />
look and feel good.<br />
The name change includes an<br />
ad campaign featuring the brands<br />
(here PUMA) and the new signature<br />
What does the new name mean to you, Louise, as<br />
form. And it’s not just about caring, it’s about<br />
distributors of sports equipment in Germany,<br />
as well as social media. Look out for full-page<br />
head of Group <strong>com</strong>munications?<br />
action. We don’t only care about sustainability,<br />
the mall owners in China, large American de-<br />
spreads in the Financial Times and the Wall<br />
Louise Beveridge: Kering is a name that is clos-<br />
we have a team of experts in energy, biodiver-<br />
partment stores… And then, most important, we<br />
Street Journal, a coverwrap on the Internation-<br />
er to the reality of our business today, which re-<br />
sity and so on, that works with our brands. We<br />
have our existing teams and potential employ-<br />
al Herald Tribune. Plus there are the New York<br />
flects our way of doing business, which reflects<br />
don’t just care about digital, we are now building<br />
ees, so we have our employer brand as well as<br />
Times and Il Sole.<br />
a point of view, which be<strong>com</strong>es a point of differ-<br />
e-<strong>com</strong>merce platforms for all our brands.<br />
the corporate one.<br />
One of the more exciting things about the<br />
entiation and a point with which our employees<br />
campaign is the video series by fashion blogger<br />
can identify with.<br />
Who is the new name aimed at?<br />
How are you <strong>com</strong>municating the name change?<br />
Garance Doré, whose voice is more B2C than<br />
Kering’s conception of value is quite wide; it’s<br />
Kering, like PPR before, is a B2B brand, aimed at<br />
We are making the most of print, digital and<br />
B2B, making her an unusual choice for a Group<br />
not narrowly financial. What we’ve created here<br />
journalists, analysts, investors, NGOs and other<br />
multimedia to touch our audiences, concentrat-<br />
that doesn’t traditionally <strong>com</strong>municate to end<br />
is not simply a new tag but a whole brand plat-<br />
business partners, like major buyers. It’s the<br />
ing on the business, trade and financial press,<br />
consumers. >
P_16<br />
CAtch up | # 02_April 2013 exclusive<br />
P _17<br />
This is because online there are no frontiers<br />
anymore. I know we are telling a B2B story to a<br />
B2B audience. But when you’re using the digital<br />
space and social networks as part of your distribution<br />
channel for your story, you can’t draw the<br />
line between where B2B stops and B2C starts. It<br />
needs to work on the social networks. Garance<br />
knows how to put together good stories for the<br />
digital space and social media and she has followers<br />
online – that’s essential.<br />
Over the past two months, we opened the doors<br />
of Kering and our brands and asked Garance to<br />
tell the story of how imagination <strong>com</strong>es to life.<br />
The result is a series of five videos with as many<br />
themes: family, nurture, create, liberate and<br />
sustain. The videos will be on YouTube and Kering’s<br />
own platforms. You can already watch the<br />
first film, Family.<br />
How else are you <strong>com</strong>municating on Kering?<br />
François-Henri held a press conference in Paris<br />
on 22nd March. Jean-François Palus (Group<br />
managing director and PUMA chairman) hosted<br />
a celebratory party for employees and stakeholders<br />
in New York on 4th April. There’ll be similar<br />
events in Hong Kong and Tokyo. I’m also happy<br />
to tell you we’ll be presenting Kering to the German<br />
press at a special conference in Munich in<br />
mid-June.<br />
Our social media pages have all been updated<br />
to reflect the new identity and are spreading the<br />
news. You can follow Kering on Facebook, Twitter,<br />
LinkedIn, Wikipedia, … And we are preparing<br />
a campaign in China in June for Baido, Youku and<br />
Weibo. I’d also urge people to check out our new<br />
website: : › click here<br />
is a name that is closer to<br />
the reality of our business, which reflects our way of doing<br />
business, which reflects a point of view, which be<strong>com</strong>es a point<br />
of differentiation and a point with which our employees can<br />
actually identify with.<br />
A substantial force<br />
> Distributed in more than 120 countries,<br />
Kering generated revenues of €9.7 billion<br />
in 2012 and had over 33,000 employees at<br />
year end.<br />
> Strategy is primarily based on the organic<br />
growth of current brands: to expand into<br />
new markets, reinforce their presence in<br />
mature markets and develop their dis-<br />
tribution network and channels, including<br />
e-<strong>com</strong>merce<br />
› Check out the video<br />
> Acquisitions of small to medium size, with<br />
promising expansion prospects and meet-<br />
ing strict criteria (global recognition,<br />
deeply rooted, true to their distinctive val-<br />
ues, high potential), will strengthen and<br />
<strong>com</strong>plement the brand portfolio<br />
How have people in the other Group brands reacted?<br />
Some have been a bit surprised and didn’t know<br />
what to expect. By and large though, most understand<br />
the reasoning behind it now and it’s<br />
growing on them. I think they appreciate the<br />
need for the change and the value of it at corporate<br />
level – and it does resonate.updated to<br />
reflect the new identity and are spreading the<br />
news. You can follow Kering on Facebook, Twitter,<br />
LinkedIn, Wikipedia, … And we are preparing<br />
a campaign in China in June for Baido, Youku and<br />
Weibo. I’d also urge people to check out our new<br />
website: www.kering.<strong>com</strong><br />
How have people in the other Group brands reacted?<br />
Some have been a bit surprised and didn’t know<br />
what to expect. By and large though, most understand<br />
the reasoning behind it now and it’s<br />
growing on them. I think they appreciate the<br />
need for the change and the value of it at corporate<br />
level – and it does resonate.
P_18 CAtch up | # 02_April 2013<br />
SPORTS<br />
P _19<br />
CONFEDERATION CUP<br />
KITS<br />
“It fills me with pride to wear<br />
this Italian shirt” Giorgio Chiellini<br />
Italy and Uruguay will take to the pitch in<br />
bold new PUMA kits at the up<strong>com</strong>ing Confederations<br />
Cup in Brazil, this year’s hottest<br />
football tournament now just weeks away.<br />
Coconut shells and reused polyester<br />
for new Italian football kit<br />
“Damn fine” and “One of their best-looking kits”<br />
were some chatroom verdicts on the new Italian<br />
uniform, which features a bright neon piping<br />
to <strong>com</strong>plement the traditional Azzurri blue. Red<br />
and green sleeve cuffs and white inserts at the<br />
bottom of the shirt pay stylish tribute to the Italian<br />
flag.<br />
“The design is very impressive,” said Italian International<br />
Giorgio Chiellini when the kit was<br />
unveiled in April. “It fills me with pride to wear<br />
this Italian shirt and I am excited about the prospect<br />
of representing our footballing nation in the<br />
up<strong>com</strong>ing Confederations Cup.”<br />
The team shirt is made from recycled polyester<br />
mixed with Cocona ®, an activated carbon made<br />
from coconut shells which improves moisture<br />
management. Replica shirts are made from 100<br />
percent recycled polyester, a first for PUMA and<br />
a further step in our pledge to increase the sustainability<br />
aspect of the products we make.<br />
Uruguay’s ‘lace up’ shirt turns heads<br />
The Uruguayan football squad is also donning<br />
a new look courtesy of PUMA, one with a<br />
retro twist inspired by shirts worn by the<br />
legendary ‘La Celeste’ team that claimed<br />
gold in the 1924 Olympic Games.<br />
Combining the white and light blue<br />
colours of the national flag, the new<br />
shirt has striking optical lacing on<br />
the neck as a tribute to the 1924 shirt.<br />
In the pre-World Cup era, scooping an<br />
Olympic Gold was the most cherished<br />
prize in world football and the 1924 Uruguayan<br />
win against Switzerland made the<br />
team heroes.<br />
Fans praised the heritage-inspired shirt,<br />
calling it an “instant classic” that will ensure<br />
“La Celeste look great on pitch”.<br />
The replica version of the new shirt is also made<br />
from 100 percent recycled polyester.<br />
The FIFA Confederations Cup<br />
runs from June 15-30.<br />
>
P_20 CAtch up | # 02_April 2013<br />
SPORTS P _21<br />
INGREDIENTS Italy<br />
INGREDIENTS Uruguay<br />
Neon piping<br />
Lacing: Tribute to<br />
the 1924 shirt<br />
Embroidered AUF crest<br />
Tribute to<br />
the Italian flag<br />
Not just any blue:<br />
Traditional Azzuri blue<br />
What’s<br />
in the kit?<br />
› click on the buttons!<br />
White + light blue<br />
= Uruguayan flag<br />
A pinch of retro<br />
Contains coconuts!<br />
Moisture management:<br />
Keeping our players dryer<br />
than average
P_22 CAtch up | # 02_April 2013<br />
SPORTS<br />
P _23<br />
Calabar<br />
High school<br />
wins Boys Champs 2013!<br />
The fans of PUMA outfitted CALABAR High<br />
roared loudly, witnessing their runners<br />
stroll down to an easy victory in the Inter-Secondary<br />
Schools Boys and Girls Championships<br />
- better known as the Champs.<br />
30 records were shattered in this year’s 103rd<br />
edition of the annual Jamaican high school final<br />
athletics meet and most popular sporting event<br />
in the country. This is a fantastic record that<br />
shows that the level of talent and athletic prowess<br />
in Jamaica is constantly improving lead by<br />
the examples of Usain Bolt, Shelly-Ann Fraser,<br />
Yohan Blake and many other sprinting heroes.<br />
><br />
200M<br />
Michael O'Hara<br />
from CALABAR<br />
High rocks the track<br />
FAN SUPPORT<br />
The crowd gives it<br />
up for its favourite<br />
athletic talents
P_24 CAtch up | # 02_April 2013 SPORTS<br />
P _25<br />
FIRST PLACES<br />
FOR PUMA<br />
SPONSORED<br />
SCHOOLS<br />
400m win by Javon Francis FRANCIS from CALABAR High<br />
Making the 4x400m look easy: Delano Williams<br />
RELAY<br />
Delano Williams (Munro<br />
College) gives his best during<br />
the 4x400m relay<br />
HURDLES<br />
Omar McLeod (KC) sets up<br />
a 110m hurdles record<br />
The four day event, held during the last week before<br />
Easter in Kingston, saw PUMA sponsored<br />
high schools on the six first places in the boys’<br />
ranking, underlining that PUMA’s school programs<br />
and grass roots initiatives bear fruit and<br />
help to cement that Jamaica’s world dominance<br />
in sprinting events is not going to end anytime<br />
soon!<br />
PUMA’s history with Jamaica dates back to 2001,<br />
when we first entered a partnership with the Ja-<br />
maica Olympic Association (JOA). In 2002, PUMA<br />
began to partner with the Jamaica Athletics Administrative<br />
Association (JAAA) which oversees<br />
all of the Jamaican track & field matters and<br />
athletes. In addition to these affiliations, PUMA<br />
helps to develop young talent through the sponsorship<br />
of 8 high school track and field programs.<br />
P_26 CAtch up | # 02_April 2013<br />
SPORTS<br />
P _27<br />
PUMA Trains with American<br />
Football Powerhouse<br />
Aaron Hernandez<br />
He’s fast.<br />
He’s versatile.<br />
He’s athletic.<br />
And now he’s training with us. Professional<br />
American football player Aaron Hernandez has<br />
joined PUMA as part of a roster of athletes from<br />
various sports to work with us on men’s training<br />
initiatives.<br />
In true PUMA fashion, the relationship with Hernandez<br />
will focus on the unexpected and highlight<br />
his life off of the field. The two-year partnership<br />
means that New England’s Hernandez<br />
will be featured in the Nature of Performance<br />
marketing campaigns, attend PUMA events, offer<br />
training tips via the web site and our social<br />
media channels, and lead special programs with<br />
retail partners including a program launching<br />
later this year involving training with high<br />
school students.<br />
Asked how he feels about be<strong>com</strong>ing a face of<br />
our training category, he said: “I’m very excited<br />
to be working with PUMA, I have admired the<br />
brand for many years and it really fits my overall<br />
lifestyle. Most people know me for what I do on<br />
the football field, but I have to train hard behind<br />
the scenes and PUMA helps me to perform at<br />
my highest level and look my best.”<br />
At age 23, Hernandez has already established<br />
himself as one of the most versatile and athletic<br />
players in professional football today and has<br />
proven to be a prominent role model for kids<br />
and adult fans across the country. Hernandez<br />
and PUMA will be working together to create<br />
programs that not only fit within Aaron’s outlook<br />
and fitness philosophy, but also work to help<br />
causes he is involved with including outreach<br />
within the Hispanic <strong>com</strong>munity.<br />
“It isn’t every day that we wel<strong>com</strong>e such a young<br />
talent to our team and we couldn’t be more excited<br />
to be working with Aaron Hernandez,” said<br />
Jay Piccola, President of PUMA North America.<br />
“His talent, athleticism and ability to over<strong>com</strong>e<br />
adversity have made him a rising star, and all<br />
this matched with his personality and intense<br />
training regimen is what makes Aaron a key<br />
part of the PUMA family.”
P_28<br />
CAtch up | # 02_April 2013<br />
SPORTS<br />
P _29<br />
PUMA GOLF Launches<br />
Nature of Performance<br />
Your Golf Closet<br />
in the Palm<br />
of Your Hand<br />
By Kristy Owens<br />
The team<br />
shows off the<br />
hottest golf<br />
products<br />
The Nature of Golf: It’s in our nature to stir things up in a historically<br />
stodgy, stuffy sport. PUMA Golf provides products that make a statement<br />
not only in looks, but also in performance.<br />
As PUMA introduces the Nature of Performance to media, retailers and<br />
consumers, we’re excited to report the importance of NoP here at<br />
COBRA PUMA GOLF.<br />
The Nature of Performance, along with PUMA CELL, allows PUMA Golf<br />
to <strong>com</strong>municate key product benefits in a clear and concise way to consumers.<br />
Nature of Performance gives PUMA Golf a creative platform to<br />
engage with our fans around the world. PUMA CELL benefits are clearly<br />
indicated on product, hang tags and in retail as a clear explanation of features<br />
and benefits to the golfer – they know exactly what they’re getting.<br />
For a closer look, check out Rickie Fowler and Ian Poulter’s CELL videos at<br />
› http://bit.ly/AMPCELLFusion and › http://bit.ly/IanPoulterZL<br />
showcasing their new 2013 footwear.<br />
For more in depth info, visit › www.puma.<strong>com</strong>/golf<br />
PUMA Golf is fusing the worlds of Golf, Fashion and<br />
Technology together in a new app called PUMA STYLECADDIE TM .<br />
The app is a virtual dressing room that contains all of the<br />
key apparel, footwear and accessories that PUMA Golf offers<br />
to create your very own one-of-a-kind golf look.<br />
“PUMA STYLECADDIE is a huge step forward in providing<br />
consumers an accessible and engaging way to check out our<br />
gear,” <strong>com</strong>mented Tom Manthe, Global Marketing Manager,<br />
PUMA Golf. “You can easily mix colors, patterns and silhouettes<br />
to create endless 360° head-to-toe looks.”<br />
PUMA STYLECADDIE lets users select from a wide assortment<br />
of shirts, bottoms, shoes and accessories to assemble<br />
a unique masterpiece. The outfit is viewable at almost any<br />
angle, and don’t be surprised if the silhouette celebrates your<br />
work with a guitar riff!<br />
A ‘Lookbook’ tab also gives users pre-built looks that Rickie<br />
Fowler, Jonas Blixt, Lexi Thompson, Blair O’Neal and other<br />
PUMA Golf athletes will be wearing on Tour. Users can build<br />
the same exact look as their favorite PUMA Golfer or use the<br />
pre-built looks to generate new ideas for their own outfits.<br />
And to really personalize and share the look, you can use the<br />
‘Photo Op’ function to layer the outfit over a photo of yourself<br />
and share it with your friends.<br />
Try it now now!<br />
› check out<br />
the video<br />
› http://bit.ly/PUMASTYLECADDIE #PUMASTYLECADDIE<br />
The PUMA STYLECADDIE app is available in the Apple App<br />
Store and will soon be available in the Google Play Store.<br />
› http://bit.ly/PUMASTYLECADDIE
P_30<br />
CAtch up | # 02_April 2013<br />
PUMA<br />
LIFE<br />
STYLE<br />
Hot Soles<br />
BLACKRAINBOW x PUMA<br />
Get inspired by the future but respect the classics, mix it up with the digital<br />
domain and throw in some camouflage green. The result: a re-imagined<br />
version of the R698, one of our most iconic Running styles. For this<br />
limited release, PUMA partnered with Jay Smith and Greg Hervieux, the<br />
duo behind multi-media street influencer BLACKRAINBOW from Paris.<br />
Linking the future to the past was key for this project. Besides the PUMA<br />
x BKRW R698 OG, they also came up with a lightweight version,<br />
the R698 LTWT, which is a hybrid with an original<br />
R698 upper and a FAAS sole.i ><br />
a new CEO<br />
› www.blackrainbowparis.<strong>com</strong> h<br />
ange everything cmpletely? O<br />
› Check out this Release Party video<br />
Lifestyle<br />
Limited tee<br />
with Anwar Carrots<br />
<strong>Puma</strong> recently hooked up with Anwar Carrots, one<br />
of the trio behind the Peas & Carrots International<br />
(PNCINTL) fashion and music brand,<br />
to create a limited edition tee.<br />
The tee features a 35mm<br />
snap of the Obelisk of<br />
Sao Paolo, a mausoleum<br />
in Ibirapuera Park,<br />
taken by Carrots on a trip to<br />
Brazil. It was for sale at<br />
the end of March at the<br />
PNCINTL Pop-Up<br />
Shop in New<br />
York.<br />
BLackrainbow x puma<br />
This limited release was inspired<br />
by the classics and the<br />
digital domain<br />
P _31
P_32 CAtch up | # 02_April 2013 lifestyle<br />
P _33<br />
Interview with<br />
jeffstaple<br />
How long have you been wearing PUMAs for?<br />
Which style was your favorite?<br />
Since High School... 1992 maybe. PUMA Disc<br />
was the one that did it for me. There was also a<br />
pair of PUMA Team Jamaica runners that I fell in<br />
love with.<br />
PUMA x<br />
Staple Pigeon Suede<br />
We have joined forces with multi streetwear brand Staple Design<br />
and their iconic founder, jeffstaple, to launch the PUMA x Staple<br />
Design Pigeon Suede. Design inspiration taken from their renowned<br />
Staple Pigeon, this is the first of several up<strong>com</strong>ing special projects<br />
designed to <strong>com</strong>memorate the 45th Anniversary of the PUMA Suede<br />
this year. The shoe was released last week at the Reed Space in NYC<br />
and will be available at selected sneaker boutiques across the globe<br />
from May 3rd, 2013.i ><br />
PUMA x Staple Pigeon Suede<br />
Features include the classic Staple Pigeon<br />
and an unusual colour <strong>com</strong>bination<br />
What was your inspiration behind the PUMA Pigeon<br />
Suede?<br />
Our world renowned Pigeon has graced a variety<br />
of different products and styles for the past decade.<br />
It has be<strong>com</strong>e a brand onto itself and has<br />
quite a beloved following. One of the things we<br />
look to do is always partner with equally (if not<br />
more) iconic brands. We strive to attach the Pigeon<br />
to silhouettes that stand the test of time.<br />
The PUMA Suede is without question one of the<br />
most important shoes in all of sneaker history.<br />
What does the pigeon signify?<br />
In one word? #PIGEONHUSTLE. The pigeon is<br />
not supposed to win. Society throws every possible<br />
negative thing at that bird. And yet it thrives.<br />
It <strong>com</strong>es out a winner. That is the mentality that<br />
every urbanite should embody. I think people of<br />
my generation align themselves and relate much<br />
more to the Pigeon than to a polo playing<br />
horse or a crocodile.<br />
What was it like working with the PUMA team?<br />
Smooth as silk.
P_38 CAtch up | # 02_April 2013 ENTERTAINMENT<br />
P _39<br />
My shoes are the full stop on my outfit<br />
What is UK rapper Professor Green’s<br />
essential wardrobe item? Whose style<br />
does Manchester-based recording<br />
artist Misha B admire?<br />
Find first-hand answers to these questions<br />
as well as hot news on the latest<br />
product drops, style galleries and up<strong>com</strong>ing<br />
events at wornmyway.<strong>com</strong>, <strong>Puma</strong>’s<br />
new interactive lifestyle hub. As a<br />
campaign launched by UK Marketing in<br />
March, WornMyWay encourages people<br />
to share their <strong>Puma</strong> looks online, via social media and at music and<br />
sports events across the country. It was supported by the European Entertainment<br />
team, who brought in three high-profile <strong>Puma</strong> brand ambassadors<br />
– Misha B, Professor Green and Jamal Edwards, the 22-yearold<br />
founder of online music channel SBTV.<br />
1<br />
Using the microsite wornmyway.<strong>com</strong> and hashtag<br />
#wornmyway, people are sharing images of themselves<br />
in <strong>Puma</strong> gear and describing what it means<br />
to “be themselves”. The best three answers will<br />
be printed on limited edition tees and win cash<br />
prizes. Join in!<br />
Check out behind-the-scenes footage,<br />
Professor Green’s homage to socks,<br />
Misha B’s ode to clothes worn by<br />
Michael Jackson and Prince and why<br />
Jamal Edwards goes in for eyepopping<br />
luminous. <<br />
1. One of the snaps uploaded to the website<br />
2. Interviewing the PUMA brand ambassadors<br />
2
P_40 CAtch up | # 02_April 2013<br />
JOY<br />
P _41<br />
PUMA Dance Dictionary<br />
How do you express the word “spaceship”<br />
in a dance move? Freestyler, Jet Li, shows how it’s<br />
done as part of the A-Z of Dance. Learn the move.<br />
Start your own dance conversation.<br />
Check out the Video!
P_42 CAtch up | # 02_April 2013<br />
Vision<br />
P _43<br />
PUMA says Ciao!<br />
to the CLEVER LITTLE HANGER<br />
at the America’s Cup World Series<br />
in Naples, Italy<br />
As part of our continued mission of being the<br />
most desirable and sustainable Sportlifestyle<br />
brand, our Event Retail team, who are responsible<br />
for all retail and event activations within<br />
our International Sports Marketing Categories,<br />
partnered with our Clever World Team. The<br />
5.4<br />
3.4<br />
3.1<br />
objective is to showcase the most exciting and<br />
innovative products, processes and initiatives<br />
from our sustainability journey over the last ten<br />
years, at one of our busiest consumer engage-<br />
SOY<br />
BASED INK<br />
RECYCLED<br />
CONTENT<br />
ment touch points - the 34th Americas Cup<br />
1 2 3<br />
World Series.<br />
After this test phase, we will introduce the Clever<br />
Little Hanger to all event stores involved in<br />
the 34th Americas Cup Final in San Francisco,<br />
between June and October 2013, as part of our<br />
Sustainability at Retail program, joining existing<br />
initiatives such as Bring me Back Bin and<br />
InCycle Products. <<br />
<br />
1. The Clever Little Hanger will be<br />
introduced to all event stores in<br />
the 34th Americas Cup Final<br />
in San Francisco between June<br />
and October 2013<br />
2. and 3. The Clever Little Hanger<br />
in action!
P_44 CAtch up | # 02_April 2013<br />
Vision<br />
P _45<br />
As PUMA continues on its road to be<strong>com</strong>ing<br />
more sustainable, CATch up looks<br />
at how the FairTrade<br />
IS FAIRTRADE FEASIBLE?<br />
Making and selling products that balance<br />
people, planet and profit is difficult, but<br />
PUMA’s pledge to sustainability gives it<br />
unique brand advantage among its rivals.<br />
Can FairTrade help seal the deal?<br />
Putting a price tag on its environmental<br />
impact and being serious about reducing<br />
its paw print have made PUMA an eco pioneer<br />
among big corporations but capitalizing<br />
on this success is still an uphill<br />
battle, as recent experience shows.<br />
On top of this, proving a <strong>com</strong>pany’s eco<br />
credentials is tough. Studies show only<br />
16 percent of customers believe what<br />
corporations tell them. So certification<br />
from an independent third party is the<br />
best way to verify a product’s social and<br />
environmental claims.<br />
concept can help<br />
The value equation at present seems to<br />
suggest not, at least in some countries.<br />
Consumers in South Africa would be happy<br />
to pay around 10-15 percent more for<br />
a FairTrade clothing product, said Collin<br />
Allin, PUMA Performance Sport Manager<br />
in Cape Town.<br />
Fair Trade Tee from<br />
the Wilderness Collection.<br />
“Being the first to measure environmental<br />
profit and loss is a great coup for the<br />
<strong>com</strong>pany … and gives PUMA a huge lead<br />
against its <strong>com</strong>petitors,” wrote Anna<br />
Levy, who specializes in building and facilitating<br />
networks for change at The Hub<br />
in London.<br />
But she acknowledges that today’s profit-driven<br />
culture still makes sustainability<br />
an “add on bonus” rather than a central<br />
influence on behaviour, even though<br />
people know that unsustainable development<br />
puts us all at risk in the long term.<br />
GREEN GUARANTEE<br />
Enter FairTrade, an organisation that has<br />
set sustainability standards, branded<br />
them and underpins them with a seal. It<br />
is the most widely recognized eco label in<br />
the world, according to opinion research<br />
consultancy GlobeScan.<br />
FairTrade coffee, the organisation’s poster<br />
child, is a resounding <strong>com</strong>mercial success<br />
with its UK sales booming almost<br />
1,000 percent over the last five years. But<br />
does the approach work for apparel and<br />
shoes?<br />
But anecdotal evidence suggests that<br />
the mark up in South Africa is much<br />
more. “(It’s) 50 percent we’re seeing with<br />
FairTrade in South Africa now,” said a<br />
South African PUMA employee, pointing<br />
to sales of PUMA’s Wilderness Collection,<br />
which uses over 80 percent Fair-<br />
Trade cotton in its styles.<br />
FairTrade goods are more expensive because<br />
the organization guarantees to pay<br />
farmers a minimum price above market<br />
rates. On top, it pays a “FairTrade premium”<br />
that can be reinvested by farmers >
P_46 CAtch up | # 02_April 2013<br />
Vision<br />
P _47<br />
to help their <strong>com</strong>munities and the envi-<br />
OTHER ROUTES?<br />
PUMA Fair Trade football, now discontinued<br />
(Photo: Renate Niebler)<br />
ronment.<br />
There are plenty of alternatives to Fair-<br />
Trade, however. Ecoindex lists over 400<br />
HURDLES<br />
eco labels. But the fact that around two<br />
Higher prices are one obstacle, Fair-<br />
thirds of these were developed in the last<br />
Trade’s definition of sustainable materi-<br />
decade alone underpins the problem of<br />
als is another. Currently the organisation<br />
label fatigue that <strong>com</strong>es from the sheer<br />
only certifies cotton, so PUMA’s use of<br />
choice available.<br />
recycled polyester in its apparel doesn’t<br />
make the grade. Nor does the rubber in<br />
“Consumers are confused,” said Patrin<br />
the soles of its shoes.<br />
Watanatada, a director at think tank Sustainability,<br />
pointing to what she calls “lo-<br />
In addition, products from China or Vi-<br />
go’d out” consumers who have lost track<br />
etnam cannot carry FairTrade certifica-<br />
of the message.<br />
tion because of labour practices in those<br />
countries.<br />
So is FairTrade doomed as an option for<br />
PUMA? “No” say its proponents within<br />
This geographical limitation influenced<br />
the <strong>com</strong>pany, pointing to the credibility<br />
PUMA’s decision to stop producing Fair-<br />
it has won with consumers over the last<br />
PUMA Regional General Manager<br />
percent of products across its interna-<br />
Trade footballs. They were pricier than<br />
25 years and the <strong>com</strong>mercial success of<br />
EEMEA.<br />
tional product range more sustainable by<br />
conventional ones and trickier to<br />
products like coffee, sugar and cocoa.<br />
2015.<br />
market because contractual obligations<br />
Others believe that focusing purely on<br />
disqualified them from being used in pro-<br />
They insist that with support from the<br />
FairTrade misses the bigger picture<br />
“Only a small green line which does not<br />
fessional games. Only 10,000 balls were<br />
very top of the <strong>com</strong>pany it is a viable <strong>com</strong>-<br />
which is about getting volume into PU-<br />
sell in big volume will not be accepted as<br />
sold in the four years after they were<br />
mercial option, one that can leverage the<br />
MA’s sustainability index be it through<br />
green excuses for an unsustainable main<br />
launched in 2008. But the nail in the cof-<br />
sustainability advantages PUMA has al-<br />
organic materials, cotton made in Africa,<br />
product portfolio, “said Stefan Seidel,<br />
fin came when PUMA chose China as the<br />
ready harnessed as a brand.<br />
recycled polyester or the Cradle to Cra-<br />
Teamhead PUMA.Safe. “This is why we at<br />
sourcing country for its football business.<br />
dle® concept of making products that<br />
PUMA have set the target of 50 Percent<br />
Add to these difficulties the fact that<br />
“I am convinced that in the next ten years<br />
the growth of FairTrade products will<br />
can biodegrade or be fully recycled.<br />
more sustainable products until 2015.”<br />
<<br />
PUMA has millions of products and the<br />
outstrip products sourced and market-<br />
The cardinal sin would be to try and sell the<br />
<br />
headache of FairTrade certifying them all<br />
ed without an independent certificate of<br />
green line if most business volume is still<br />
gets worse.<br />
integrity – the consumer will reject un-<br />
produced in an unsustainable way. Hence<br />
certified products,” said Martyn Bowen,<br />
PUMA’s challenging targets of having 50
P_50 CAtch up | # 02_April 2013 globe<br />
P _51<br />
GERMANY<br />
Host an apprentice<br />
puma<br />
globe<br />
CANADA<br />
BATA OUT OF THE BOX SNEAKER EXHIBITION<br />
“Sneaking” to Iconic Status: ‘Out of the Box’ exhibits the history of sneaker culture.<br />
Ever paused to consider when the sneaker first appeared? Or wonder how it has be<strong>com</strong>e such<br />
a wardrobe essential, status symbol and icon of urban culture?<br />
For those in Canada, look no further than a new exhibition at the Bata Shoe Museum in Toronto.<br />
Out of the Box: The Rise of Sneaker Culture runs until March 30, 2014 and among the 130 exhibits<br />
showcased are two iconic PUMAs.<br />
Which ones? › Click here to see PUMA RS Computer Shoe<br />
Are you interested in having an apprentice<br />
in your department?<br />
PUMA offers training to talented, joyful,<br />
helpful people studying the following:<br />
• International Business – Sales & Marketing<br />
• Sports Management<br />
• Accounting & Controlling<br />
• Logistics<br />
• Fashion Business<br />
• Apprenticeship in Industrial Management<br />
• Apprenticeship in Retail Sales<br />
• Apprenticeship in Warehouse Logistics<br />
If you would like your department to be part<br />
of the apprenticeship programme, please<br />
contact Franziska Traut in HR Development:<br />
franziska.traut@puma.<strong>com</strong> . Applicable for<br />
Germany only.<br />
› Click here to see PUMA x Hussein Chalayan Urban Swift<br />
Some of Sneakers’ Steps to Supremacy (in 21st century urban culture at least)<br />
Rewind to the middle of the 19th century when the Liverpool Rubber Company develops the ‘plimsole’, a shoe<br />
with a canvas upper and rubber sole for use on the beach. By 1873 the term sneaker has been coined referring to<br />
how quiet the rubber soles are on the ground. By the middle of the 20th century, the sneaker has be<strong>com</strong>e firmly<br />
entrenched in the wardrobe of millions of North Americans. The 1870s ‘Me Generation’ shifts the focus of fitness<br />
from group identity to individual success. High-end athletic footwear be<strong>com</strong>es a sign of conspicuous consumption.<br />
The end of the 20th century sees basketball shoes embraced in American cities, giving rise to sneaker culture<br />
and transforming the sneaker into the icon that it is today.<br />
SWITZERLAND<br />
PUMA Lifestyle @ Jelmoli<br />
Skaters clad in overalls darted through Zurich’s shoppers handing out<br />
PUMA gear and invitations to the opening of a new PUMA Lifestyle Store<br />
in Jelmoli in March. New York-based ‘Billy the Artist’,<br />
known for his intricate designs, found himself something<br />
to wear at the store and had fun at the after-shopping<br />
party, too. Check out the video!
P_52 CAtch up | # 02_April 2013 globe<br />
P _53<br />
ITALY<br />
PUMA Store in Rome revamped<br />
More joyful, more innovative, more sustainable: on April 5th, we reopened our<br />
PUMA Store in Rome with a new retail design. The more than 140 square meters of<br />
shopping space mean there’s enough room for a broad range of products from our<br />
Performance and Lifestyle collections. It’s also chock full of cutting-edge architectural<br />
and technology features, representing our<br />
brand’s joyful and witty spirit. Inside the changing<br />
rooms, the PUMA Peepshow, a red box featuring<br />
a small video screen, opens up to show<br />
entertaining clips. Moreover, full wall inscriptions<br />
fusing Latin prints with the PUMA logo immerse<br />
our customers in the legend of the “eternal city,”<br />
taking them back to ancient Rome. The new Store<br />
also incorporates several sustainable features,<br />
such as an efficient lighting concept resulting in<br />
reduced energy consumption as well as FSC certified<br />
wood and certified floor finishes.<br />
ITALY<br />
PUMA Dance Crew<br />
Grand Finale<br />
PUMA Social<br />
mixed it up in<br />
Turin on April<br />
11th, making the<br />
city dance with<br />
Max Brigante,<br />
Hip Hop TV and<br />
the best breakdance<br />
moves.<br />
› click here for more pics<br />
The PUMA Dance Crew also came to Milan,<br />
Rome and Bologna before the finale in Turin.<br />
The TX-3 made a splash at SportsLab, with the Swiss<br />
specialty sneaker chain giving it prime window and in-store<br />
space at eight of its shops. Copies of the PUMA Running<br />
Book were given away<br />
and a quirky ad for the<br />
running shoe from<br />
its initial launch year<br />
1984 featured on<br />
SportsLab’s blog.<br />
› click here<br />
SWITZERLAND<br />
TX-3 retro runner<br />
grabs limelight
P_54 CAtch up | # 02_April 2013<br />
business P _55<br />
Coming<br />
Back<br />
to Score<br />
IT<br />
was a hard decision for him to make,<br />
he said. “Pandora is a great business<br />
which is performing well, but the<br />
sports industry has always been a major part of<br />
my life, and my role at PUMA will also allow my<br />
family to remain in Germany.” After just one and<br />
a half years as the CEO of Danish jewellery <strong>com</strong>pany<br />
Pandora, Björn Gulden decided to follow<br />
his passion and return to the Sports business by<br />
taking the helm at PUMA.<br />
Lucky us! With Björn Gulden, PUMA has gained<br />
an experienced sports industry expert, who has<br />
proven his leadership qualities and know-how in<br />
managing sports and footwear brands throughout<br />
his professional career of 20 years. The Norwegian<br />
knows his stuff when it <strong>com</strong>es to fashion<br />
and sports: in the 90s he spent 6 years at Adidas,<br />
Björn Gulden<br />
PUMA’s New CEO<br />
The ex-football professional is familiar with PUMA’s home turf: He used to<br />
play for the German Bundesliga club 1. FC Nürnberg and spent quite some<br />
years with our neighbours across the road in Herzogenaurach. He knows<br />
the sports industry inside out and is an expert in footwear retailing. PUMA<br />
could not have hoped for a better fit to get back on track.<br />
being responsible for Apparel and Accessories<br />
as Senior Vice President, and he was part of the<br />
management team that oversaw Adidas’ stock<br />
market launch. Adidas insiders, who know him<br />
from his time back in Herzogenaurach, called<br />
us fortunate. “This is a truly friendly chap and it<br />
was a pleasure to work with him,” said one longstanding<br />
Adidas employee, who remembers Gulden<br />
well.<br />
“Very sympathetic,” is also what Gerd Schmelzer,<br />
President of the 1. FC Nürnberg football club<br />
in the 80s called Gulden. He was an enormous<br />
football talent, but several injuries were obstacles<br />
on his career path, Schmelzer said. After<br />
Gulden played four matches for the club in the<br />
season of 1984/ 1985, a knee injury finally made<br />
him return to Norway where he studied Business<br />
1. Signing with the 1.FCN in the eighties. Now he's<br />
<strong>com</strong>ing back to the area<br />
2. The new CEO at Tuesday's Townhall Meeting<br />
3. Björn Gulden with Chairman Jean-François<br />
Palus (left)<br />
1<br />
2<br />
3<br />
and Administration. Two years later, he also obtained<br />
an MBA from the Babson Graduate School<br />
of Business in Boston.<br />
In 1999 Gulden left Adidas and moved back to<br />
his home country Norway to work for outdoor<br />
apparel <strong>com</strong>pany Helly Hansen, where he headed<br />
Product, Marketing and Sourcing. In 2000,<br />
however, he joined Deichmann, Europe’s largest<br />
footwear retailer, as General Manager and<br />
Director, where he headed the US-subsidiaries<br />
Rack Room Shoes and Off Broadway Shoes as<br />
CEO and President.<br />
There is no doubt that Gulden’s international<br />
experience and extensive knowledge of the footwear<br />
business as well as the sporting goods industry<br />
will benefit PUMA in the current situation,<br />
where we need to get back to profitable growth.<br />
He knows the products and the <strong>com</strong>petition very<br />
well, is familiar with the PUMA brand and aware<br />
of what it takes to succeed in the current <strong>com</strong>petitive<br />
markets.<br />
The 47-year old, who speaks Norwegian, English<br />
and German, is quite keen himself to join us: “I<br />
am honoured and look forward to taking on the<br />
position as CEO of PUMA, one of the industry’s<br />
most exciting and powerful brands,” he said.<br />
“PUMA enjoys an enormous potential – both in<br />
the Performance and in the Lifestyle markets,<br />
and I am eager to help unlock this potential and<br />
further grow the <strong>com</strong>pany in the years to <strong>com</strong>e.”<br />
And the Zurich-born has proven that he can do<br />
it: Under Gulden’s one-year tenure, Pandora saw<br />
its stocks rise by 200 percent.<br />
>
ThankS<br />
for reading!<br />
Next CATch up:<br />
June 2013<br />
We will be back<br />
with the next issue<br />
of CATch up at the end of June,<br />
including exciting news from<br />
Motorsport, Lifestyle and more.<br />
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below if there’s anything you’d like<br />
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