Puma Essay

403 Words2 Pages
1. Situational Analysis PUMA AG is a large German based multinational company with a logo that has gained global recognition. It was founded in 1924 by a German called Rudolf Dassler and has become a renown worldwide known sports company. PUMA is famous for its sports products, especially for the football shoes and sponsored footballers such as Pélé. The company’s other products include sportswear (sponsoring e.g. Serena Williams), sportsgoods, fashion and accessories. It distributes its products to over 90 countries. In 2009 PUMA showed a revenue of 2,5 Billion USD with a final net income of 130 Million USD. PUMA AG employs 10,000 employees worldwide and has been following the same vision for many years: being Fair, Honest, Creative and Positive in everything the company does. PUMA believes that through making products the customers love, inspiring the passion of their employees, staying true to their values and working in innovative, sustainable ways the world will be a better place. Through 3 different programs – puma.safe, puma.peace and puma.creative - PUMA illustrates focus on environmental and social issues, global peace and providing support for artists and creative organizations. The company’s customers range from younger kids up to young adults (34 years). PUMA customers are sportive individuals with a passion for quality sportswear. The company has proven to sell their products exceedingly well throughout their target group of young sportive individuals. Furthermore, PUMA sells its products to a worldwide customer base. The leaping cat symbolizes power and speed and has become a fashion statement across the globe. PUMA AG has established an excellent position within its field of sportswear and fashion. Its products show color, elegance and internationality. The company has surpassed its main competitors Nike, adidas and Asics through building a

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