Puma : Field Trip feedback – Building the foundation for sustainable growth
>Q3 growth to depend on China and LatAm, 2025 to benefit from low profile - On Wednesday we organised a field trip to Puma headquarters. This visit included a meeting with CEO Arne Freundt and a product tour. Major take aways from this event are: 1/ Puma is on track for a sequential improvement of growth in Q3 and Q4 2024. However, the performance also depends on the macro situation in China and the ramp-up of capacity in LatAm. Given rather cautious comments from ot...Puma and its subsidiaries are engaged in the development and sale of a broad range of sports and sports lifestyle products, including footwear, apparel and accessories. Product management, design, development and category-specific marketing have been combined under six separate Business Units. The Business Units Teamsport, Running, Training & Fitness, and Golf represent Co.'s performance business, while Lifestyle and Motorsports, Fundamentals as well as Accessories & Licensing constitute the lifestyle business.
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