1.0 Introduction Puma AG can be consider on the leading manufacturers of athletic shoes‚ sportswear as accessories in the world. Its product like soccer shoes and uses sponsorship for its marketing strategy. In 1924‚ the company was founded by Gebruder Dassler Schuhfabrik. This company located in Herzogenaurach‚ Germany‚ the product become successful because of Jesses Owen‚ who won gold medals at 1963 in Berlin Olympic Games (Kaufmann 2005‚ p.c-411). In 1960‚ the company introduces their innovation
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AG Case Adalbert and Rudolf Dassler founded puma in 1924 in Germany. The company was called Gebrüder Dassler OHG‚ and was internationally well known. However‚ the two brothers separated creating Adidas and Puma‚ respectively. Puma had sponsored some of the worlds most famous soccer players‚ positioning itself as one of the most important company in soccer shoes and accessories. In spite of that‚ the son of the founder‚ Armin Dassler‚ take Puma to a point where all product were sold “dirt-cheap”
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MARKETING STRATERGIES: INDIAN FOOTWEAR INDUSTRY NIKE-ADIDAS-REEBOK-PUMA-INDIAN BRANDS Executive Summary To study and develop substantial market analysis on the primary products these firms (Nike‚ Adidas‚ Reebok‚ Puma and Indian brands) make‚ i.e Athletic Footwear. We will compare their marketing strategies‚ their targeting and their marketing mixes. We will analyze their segmentation and examine their positioning in the Indian market. And lastly we will state our conclusions on the
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References: 2. Introduction Puma is a one of the famous and multinational global sports brand companies in the world‚ which designing‚ developing‚ selling and marketing footwear‚ apparel and accessories (Puma Annual Report‚ 2012) (Annual Report on the Consumer Price Index‚ 2012) According to the above table‚ it was present that the CPI compared with preceding same period
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Introduction: With a hallmark of mixing it up‚ PUMA has a top 10 position in the global sporting goods market. We have distinguished ourselves from the competitive landscape and strengthened our hold in our consumer’s life. Puma has risen fast to attain sixth place in the global sportswear market‚ doubling its annual profits in one year. Dedicated to delivering cutting edge products and a long-term growth plan are key drivers in our longevity which result in our ability to anticipate the market’s
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development plan? • Integration of seven license markets into the PUMA Group – Japan‚ Taiwan‚ China‚ Hong Kong‚ Argentina‚ Mexico‚ and Canada • Worldwide brand sales climbed by over 16% to € 2.8 billion in financial year 2006. • Consolidated sales jumped over the 2 billion hurdle for the first time‚ growing by 34% to just under € 2.4 billion • Operating profit reached € 366 million and significantly exceeded original expectations. • The PUMA share closed the year at € 295.67‚ posting another value increase
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The establishment of puma took place in 1948 by Rudolf Dassler and it became a published company in 1986. Puma’s head-quarters are in Germany. They distribute their products in more than 120 countries‚ employs more than 9000 people and generates revenue of 2.5 million dollars. The present CEO and Chairman of PUMA is Jochen Zertz. Puma has build a strong‚ global endorsement porofolio‚ one that has become the hottest team and star ensembles in the industry. In 1999‚ Puma demonstrated its uncanny
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MARKETING PLAN FOR PUMA CURRENT MARKETING SITUATION Puma was founded in 1924 in Germany‚ by two brothers‚ and it’s first official ‘out’ was in the 1936 Olympic Games in Berlin. At that time all of the German athletic team was outfitted by the company. In November of 2005 PUMA announced that it will sponsor 8 countries in the 2006 World Soccer Championship. One of the countries that is not included is the US. The growing popularity of the brand has resulted in the worldwide sales gain of over
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Assessment 1 Introduction PUMA is a major German multinational company that produces athletic shoes‚ fuma SE‚ officially branded as PUMA is a major German multinational company that produces athletic shoes‚ footwear‚ and other sportswear headquartered in Herzogenaurach‚ Bavaria‚ Germany. The company was formed in 1924 as Gebrüder Dassler Schuhfabrik by Adolf and Rudolf Dassler. The relationship between the two brothers deteriorated until the two agreed to split in 1948‚ forming two separate entities
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system is incapable of exchanging information between taxi drivers‚ customers and the dispatch system in a real-time manner. Thus‚ an inefficient taxi dispatch system has created problems not only for the passengers but also to taxi drivers. Global Positioning-enable taxi dispatching system is introduced to replace the traditional two-way radio system that would help drivers to respond faster to passenger’s request‚ accurate dispatching and to minimize the cruised time to look for another passenger. Taxi
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