38623757 Puma Presentation

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    PRESENTATIONON PUMA

    BY:-

    Shruti Upadhyay

    M.F. Tech III sem

    Gandhinagar

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    Introduction

    Industry Clothing Industry

    Founded - 1924 (registered in -1948)

    Founders- Rudolf Dassler

    Headquarter- Herzogenaurach , Germany

    Kay people Jochen Zeitz (CEO and chairman of the management board),

    Melody Harris-Jensbach (deputy CEO),

    Francois-Henri Pinault (Chairman of the supervisory board)

    Products Foot wear, Sportswear , Sports goods, Fashion accessories

    Revenue - 2.461 billion (2009)

    Operating income- 192.4 million (2009)

    Profit- 128.2 million (2009)

    Employee- Approx- 10,000 (end 2009)

    Main geographic areas-Europe, United States, Asia

    Official website- http://www.puma.com

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    Company Profile

    It was founded in 1924 and has head quarters

    in Germany .

    In 1948 , Adolf Dassler split from his

    brothers company , Adidas to form his

    own company called Puma.

    Puma is a large German multi national

    company which designs and develops

    athletic shoes, lifestyle footwear and other

    sports wear and accessories. The company also offers lines shoes and

    sports clothing, designed by

    Lamine Kouyate, Amy Garbers, and others.

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    Contd

    It distributes its product in more than 120 countries, employs more than 9000

    people and generates revenue of $2.5 millions.

    They sponsor many football teams all over the world and have a big involvement in

    terms of sponsorships in the football matches and players.

    Puma is partnered with several major national soccer leagues in countries such asGermany and Egypt.

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    Puma in India

    June 2006, the first Puma Store opened in Chennai.

    Puma India closed 2007 with 14 exclusive stores, presence in hundred outlets and a

    Regional Office in Gurgaon (NCR).

    Within a short span of 2 years PUMA India has established itself as the

    most desirable sports lifestyle brand of the country.

    Currently, Rajiv Mehta is the Managing Director of Puma India, Bangalore,

    India.

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    Company History

    1924: Rudolf Dassler and his brother Adolf start making sport shoes.

    1948:Adolf Dassler split from his brothers company , Adidas to form his own

    company called Puma.

    1951: Rudi registered the first version of the puma logo.

    1958:Introduction of Puma's signature form strip at the FIFA World Cup in Sweden .

    1974: Rudolf Dasslerdies. His sons Armin and Gerd take over the company's

    management.

    1986:Transformation into a stock corporation.

    1993:At age 30 Jochen Zeitz was named chairman & CEO of puma AG . he shifted

    the production from Germany to Asia. 1994: The first profit since the companys IPO in 1986 is registered .

    1998:Puma merges sports and fashion. The company starts a cooperation with

    designer Jil Sander .

    1999:Puma becomes an official on-field supplier of the U.S. National Football

    League (NFL).

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    Contd

    2000: Production offireproof footwear in partnership with Porsche and Sparco.

    2003: Majority shareholder Monarchy/Regency sells its shareholdings to a broad

    base of institutional investors.

    2004: Collaborative partnership with world-renowned designer Philippe Starck .

    2005: Total of 16.91% shareholding.

    2006: Shoe collection in cooperation with Alexander McQueen.

    2007:Brazilian football club will be the first to use the laser sewn technology.

    2008: Melody Harris-Jensbach is appointed Deputy CEO; Designer and artist

    Hussein Chalayan becomes Creative Director.

    2010: Signs two year deals to make the kits of Newcastle United, Motherwell,

    Hibernian & Burnley from the 201011 season.

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    Vision , Mission & Values

    The Vision :

    We are committed to working in ways that contribute to the world by

    supporting creativity, sustainability and peace and by staying true to the values of

    being Fair, Honest, Positive and Creative in decisions made and actions taken.

    The mission:

    Puma has a long term mission of becoming the most desirable

    Sports life style company.

    Values

    Passion

    Openness

    Self Belief

    Entrepreneurship

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    Corporate Strategy

    This long-term strategic objective is to be achieved through:

    Expansion of product categories

    Regional expansion

    Expansion with non-PUMA brands

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    Brand communication

    Clean & Modern typography:

    letting the products speak for themselves.

    Refined color palette:

    Layout:

    Logo identity & placement

    -Master logo

    -Typography logo-Leaping cat logo

    -Super cat logo

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    Pumas Brand

    Puma has master and sub brands.

    Master Brand -

    Sport Lifestyle

    Sport

    Sub Brands-

    -Nuala

    -96 Hours-Mihara

    -Starck

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    Retail

    PUMA is continuously focusing on retail expansion and retail-specific knowledge

    through the opening of new stores.

    The new concept store demonstrates its efficacy for driving the brand and generating

    profits.

    PUMA will continue to create more excitement in its stores, expand its consumer

    base, and firmly maintain its position that retail should function simultaneously as a

    tool to generate profitable growth.

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    The PUMA Online Store

    Site that markets the Puma brand, but is focused on selling

    its products directly to the consumer

    Contains an extensive online catalog, current news on

    Puma, employment opportunities, new items and an online

    shop

    Positive aspects - Interactive site; interactive onlineshopping for consumers from extensive online catalog;

    very user friendly site with easy navigation.

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    Products

    Sports Life style

    Men Women Kids

    Sunglasses

    Swimwear

    Bodywear Socks

    FragranceAccessories

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    Price

    Soccors

    The price points under this range start from around Rs. 2200 & maximum reaches

    out up to around Rs. 9500. Here the average price point is around Rs.5850.

    Runningshoes:

    The price pointsunderthisrangestart fromaroundRs. 2200 & maximumreaches

    outup toaroundRs. 6330. Heretheaverage price pointisaroundRs.4265.

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    Revenue by produts

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    Consolidate net sell by apparel &

    footwear - 2008

    Teamsp

    orts

    33%

    Sports

    lifestyle

    15%

    Sportsp

    erforma

    nce

    5%

    Others

    13%

    Training

    3 %

    Sales

    28%

    6%8%

    %

    %

    %

    23%

    Sales

    Soccer Tennis

    Training Sportslifestyle

    basket ball Running

    Others

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    SWOT Analysis

    Strength- Financial growth is phenomenal.

    More diversified than its competition.

    Wide array of shoe- wear. Brand stands for quality, latest technology and prestige.

    Increase in demand is the expected market trend

    Global brand

    Pumas top management is highly marketing oriented, and most of the key personnel

    come from marketing background. This is strength in this business because industryis market driven instead of product driven.

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    SWOT Analysis Contd

    Weakness-

    They have diversified range of spot products but income of the business heavily

    depends upon its share of footwear market.

    Retail sector is very price sensitive

    Profit margins tend to squeezed as retailer try to pass some of the low price

    competition pressure onto Puma.

    Young consumers only

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    SWOT Analysis Contd

    Opportunity- Open more stores !!!

    Product development.

    Strong global recognition. Expand in markets which has more disposable income.

    Participate in global marketing events like world cup. Olympics, etc.

    Being more focused on youth, Puma is certainly a fashion brand.

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    SWOT Analysis Contd

    Threats- Harsh competition

    Weaking markets may be serious threat.

    Puma exposed to international trade. Fluctuation in currency affects costs and profitsmargin of the company.

    Retail sector is becoming very competitive and consumers are highly price sensitive.

    So the consumer can compare the prices for exactly same item for the best deal and

    this is potential external threat to Puma

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    Industry Analysis

    The sport industry is now estimated to be worth $500 billion worldwide, but recent

    growth belong to a new rapidly developing markets.

    These markets are located in Brazil, Russia, India, China, Central Asia, Eastern

    Europe, the Far East and Africa.

    Regional hubs of Puma are:Germany ,

    Austria,

    Hong kong,

    USA,

    Australia

    A number of new centres around the world are playing an ever more visible role in

    global sport.

    In the market of sport products there are three main players:Nike, Adidas and

    PUMA.

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    Industry Analysis contd

    Puma has high brand awareness in most European countries

    Netherlands leading 93%

    Followed by Switzerland- 89%

    Germany with-83%

    Then Spain with-82%

    Poland & U.K. with 76%

    Italy with-56%

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    The Compititors

    Nike Number one sports brand in the world

    US based: administrative activities & design and product innovation

    Sub brands like Tiger Woods or Michel Jordan

    ADDIDAS

    Focus on core sports like soccer, tennis, athletics and skiing 6 times the financial resources

    Design and marketing department are located in France and Germany

    PRADA

    Well known luxury brand

    4 years ago Prada dared to step into the sport segment

    Focus on fashion and trends but their price strategy is still too highDiesel

    Major fashion brand including: sunglasses, footwear, watches, fragrances andwriting tools

    Experienced an unexpected growth rate

    Brand is still situated in Italy (jeans production)

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    Promotion of Brand

    Who and What-

    Sports:

    Who: fans of niche sports who are fashion conscious

    What: buy the puma products for the sports they like and express their love for the

    sports through wearing them

    Lifestyle:

    Who: young, hip, trendy, urban

    What: buy, wear and talk about their PUMA gear as a personal statement

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    Pumas Promotion Plan

    Business Objectives

    Sales growth of 10% while maintaining strong margins

    Continue to invest in product innovation across categories and markets

    Expand retail operations Provide unique brand experience

    Speed to market

    Gain product development and marketing expertise by being closer to consumer

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    Pumas Promotion Plan contd..

    Marketing Objectives

    Raise profile of PUMA brand Continue designer collaboration approach

    Communicate through all touch points

    Drive traffic to PUMA stores

    Increase loyalty and repeat purchase

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    Pumas Promotion Plan contd..

    Buzz Marketing

    The Adventures of PUMA Consumer-generated content:

    Travel/lifestyle focus

    Contest:

    Winning content will be aired on TV and consumer will win a trip

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    Reference

    www.puma.com

    http://www.wikipedia.org

    http://www.gotomanager.com/news/

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    Thank You For Your kind Attention