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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 />

Get in touch via the email button<br />

below if there’s anything you’d like<br />

to share with all of us.<br />

See you then!

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