Somerville, Massachusetts, March 17, 2021
PUMA INTRODUCES ADITI SHAH AS THE NEWEST TRAIN PUMA AMBASSADOR
Global sports company PUMA, today announced Peloton Instructor Aditi Shah, as the newest TRAIN PUMA global ambassador. Shah will support the brand in various ways including TRAIN PUMA campaigns, product launches and brand initiatives.

Global sports company PUMA, today announced Peloton Instructor Aditi Shah, as the newest TRAIN PUMA global ambassador. Shah will support the brand in various ways including TRAIN PUMA campaigns, product launches and brand initiatives.

Known for her mindfulness as a yoga and meditation instructor, Shah will be featured as the global ambassador for PUMA’s Studio collection designed with style and comfort in mind, featuring premium fabrics for yoga practice.

"I am honored to be joining the PUMA family,” said Shah. “I love that the brand is at the intersection of movement, music, lifestyle and fashion and that these values are threaded through the brand products, language and representation."

Shah will also be featured in PUMA’s women’s platform “She Moves Us”, which celebrates women who continue to move sports forward. With the goal of inspiring young women and girls globally, PUMA has invited their female ambassadors to speak about what inspires them, the challenges they have faced in their respective industries and what they have learned along the way. Through her partnership with PUMA, Shah will share her experiences as a South Asian female in the fitness and wellness industry. To learn more about “She Moves Us”, click here.

Herzogenaurach, Germany, 17 March 2022
PUMA joins forces with Alfa Romeo F1 Team ORLEN
Sports company PUMA will join the Alfa Romeo F1 Team ORLEN as the new official race gear supplier. PUMA will provide the full range of items worn by the team’s drivers, Valtteri Bottas and Zhou Guanyu, as they prepare to compete in the first race of the 2022 Formula One season in Bahrain. PUMA will also provide a dedicated training range for the team.

The latest member of the PUMA family, Alfa Romeo F1 Team ORLEN, has a long-lasting legacy in motorsport, combined with an exciting driver pairing in Formula One for 2022. PUMA will support the team with the latest innovation and technology in race gear offering super-light fabrics with the customized fit for the athletes from overalls to boots.

“There is great potential in the cockpit of the Alfa Romeo F1 Team ORLEN and I can’t wait to see them on their chase for the podium. We are really looking forward supporting Zhou Guanyu as the first Chinese Formula One driver. His participation is an important milestone to push the sport in his home country further,” said James Clark, Head of Sports Marketing Motorsport at PUMA. ”Moreover, it is a pleasure to continue working together with Valtteri Bottas, who has been part of the PUMA Family since 2017 already."

In addition to racewear tailored to the driver’s needs in the cockpit, PUMA will also make sure the Alfa Romeo F1 Team ORLEN crew operates at the highest level both on the track and while preparing for the race weekend, supporting the team with the latest training gear.

To complete the full package, PUMA will provide Alfa Romeo F1 Team ORLEN with footwear: the team will wear the brand’s sneakers trackside as part of their travel gear, as they move around the world during the 2022 season.

“We welcome PUMA to the Alfa Romeo F1 Team ORLEN family with open arms. Like our team, their brand has a long and proud history in sports and has become synonymous with quality and innovation,” said Frédéric Vasseur, Team Principal Alfa Romeo F1 Team ORLEN. “They are going to help us deliver performance, not just by enabling our drivers and crew to train and compete with the latest gear, tailored to their needs, but also by pushing their research and development efforts to provide ever better equipment.” 

herzogenaurach, germany, march 19, 2021
SHE’S BACK. SARA BJÖRK RETURNED TO ELITE LEVEL FOOTBALL THIS WEEKEND FOLLOWING THE BIRTH OF HER CHILD

Sara Björk Gunnarsdóttir has defied the odds and battled through many hurdles to make her long awaited return to elite level football this weekend when Olympique Lyonnais faced Dijon in Ligue 1 Féminine.

An extraordinary four months after giving birth to her son, Sara returned to the pitch to crown off an incredible journey that has seen her achieve the goal she had set herself when she first learned of her pregnancy.

Back in September of 2021, Sara began working closely with PUMA to document her journey as she prepared to give birth and attempt to return to elite level sport. The journey has featured blogs and social content amplified through PUMA’s ‘She Moves Us’ platform to raise more awareness of the difficulties female athlete’s still face when becoming pregnant.

Many athletes encounter challenges and uncertainty over their careers when faced with the prospect of pregnancy. Many athletes struggle due to lack or support with early retirement a reality for most. Due to the stigma and issues female athletes have faced, Sara wanted to inspire a generation of female athletes to not give up on their dreams and to push for change at all levels to help athletes who want to start a family and return to play at the highest level.

Sara’s journey will culminate in the release of a special documentary later in 2022. The short film will give unprecedented access to Sara’s story and give insight to the challenges female athletes face when deciding to start a family. 

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Herzogenaurach, Germany, 23 March, 2022
RE:JERSEY – PUMA trials Garment-to-Garment Recycling in Circularity Project, using old Football Kits to produce new ones
Sports company PUMA will pilot an innovative production process to use existing football jerseys to produce new ones. This initiative is aimed at reducing waste and paving the way towards more circular production models in the future.

The process used in RE:JERSEY means that old garments that feature logos, embroideries and club badges, which previously hindered recycling efforts to turn old garments into new ones, can now be used. The RE:JERSEY project takes football kits as the major ingredient to create yarn for new jerseys.

In the recycling process used for the RE:JERSEY project, the garments are chemically broken down into their main components (depolymerization). Colors are then filtered out and the material is chemically put back together to create a yarn (repolymerization) that has the same performance characteristics as virgin polyester.

While PUMA’s football kits on the market today are already made from 100% recycled polyester, RE:JERSEY kits are made with 75% repurposed football jerseys. The remaining 25% comes from SEAQUAL ® MARINE PLASTIC1.

“With the RE:JERSEY project, we wanted to develop ways to reduce our environmental impact, respect resources and reuse materials,” said Howard Williams, Director Apparel Technology at PUMA. “The insights we gained with RE:JERSEY will help us develop more circular products in the future."

The products made in the RE:JERSEY project will be worn on-pitch during pre-match warm-ups by PUMA Clubs Manchester City, AC Milan, Borussia Dortmund and Olympique de Marseille. The teams will wear the jerseys ahead of their respective league fixtures in late April and May, starting with Manchester City against Watford on April 23.

The RE:JERSEY pilot experiment is part of PUMA’s Circular Lab and its Forever Better sustainability platform. As part of Circular Lab, PUMA announced the RE:SUEDE  program last year, which tests, whether the company can make a biodegradable version of its iconic SUEDE sneaker.

Herzogenaurach, Germany, April 8, 2022
PUMA signs multi-year deal with Brazilian Athletics Federation
Global sports company PUMA has signed a multi-year contract with the Brazilian Confederation of Athletics (CBAt) effective July 2022, that will see Brazilian athletic teams in PUMA apparel for the first time at the World Athletics Championships in Oregon, USA, this summer. The partnership includes sponsoring 24 adult and youth teams, including male and female athletes.

“We are very proud to partner up with the Brazilian Confederation of Athletics, which is the first time ever that PUMA sponsors a Brazilian national sports team, so it will be a landmark.” said Fabio Kadow, Marketing Director PUMA Brazil. “Their successful track record in world class athletics, with 19 Olympic medals, makes this partnership a perfect fit for PUMA.”

"Partnering with PUMA is a huge responsibility for us and a source of great pride”, said Wlamir Motta Campos, CBAt´s president. “I'm sure the athletics community will embrace PUMA, because we're talking about a product of excellence, a fantastic technology that will help the performance of our athletes."

PUMA has a long and rich history in Track & Field, having sponsored the Jamaica Athletics Administrative Association since 2002. The brand also kits out several national federations including Cuba, Bahamas, Trinidad and Tobago, Grenada, Dominican Republic, Norway, Switzerland, Portugal and South Africa. Individual PUMA sponsored athletes include World Champion 400m hurdler Karsten Warholm, pole vault star Armand "Mondo" Duplantis, triple Olympic medalist Andre De Grasse, long distance runner and Olympic medalist Molly Seidel, and triple jumpers Patricia Marmona and Will Claye.

Herzogenaurach, Germany, April 20, 2021
PUMA supports Olympafrica to bring sports to children around the continent
Sports company PUMA and the Association of National Olympic Committees of Africa (ANOCA) will jointly support Olympafrica, a program which helps African children and young people participate in sports, by providing footwear, apparel and accessories necessary for their development.

The agreement between the President of ANOCA and IOC member, Mustapha Berraf and the CEO of PUMA Bjørn Gulden includes providing products to young sports talents from the 50 centers of the Olympafrica foundation across the African continent.

„Sport is very important for the development of children. PUMA is a big fan of the African continent and we are proud to support Olympafrica and this program,“ said Bjørn Gulden, CEO of PUMA.

Founded in 1988, Olympafrica aims to bring the Olympic spirit to developing countries and offer a large range of sports and social activities for the benefit of communities in Africa, especially its young population. Through the power of sports, Olympafrica’s programs also have a positive impact on education, health, and economic and environmental sustainability.

“We are very glad that PUMA has decided to partner with us, to bring the values of sports to African children,” said Mustapha Berraf, IOC Member and President of ANOCA. “PUMA has many strong partnerships with teams and athletes across Africa, and it is great that we are now also a part of this.”

Herzogenaurach, Germany, April 21, 2022
TRACK & FIELD MEETS CHESS IN NORWAY. PUMA AMBASSADORS KARSTEN WARHOLM AND MAGNUS CARLSEN TALK ABOUT ENJOYING THEIR SPORTS AND BEING COMPETITIVE

PUMA ambassadors and World Champions Karsten Warholm and Magnus Carlsen challenge themselves by entering each other’s worlds. In an interview with sports company PUMA, the Norwegian athletes speak about how they started training and competing in Track & Field and Chess, pointing out the importance of having fun while doing sport.

“It all starts with just having fun with whatever it is that you have an offer to go to”, Karsten says. “For me, it was all about meeting up with friends. That's what made me always come back”. Magnus also reflects on his experience, “I started specializing immediately when I was eight years old, but I didn't think about it that way. I would do chess all the time, not because somebody told me to, but because I loved it.

The World Chess Champion Magnus Carlsen and the 400m hurdles Olympic Champion Karsten Warholm discuss competitiveness and how they reached the highest level in their disciplines. “I think at some point you start competing against yourself”, Magnus says. “If I win a game and I didn’t perform well, I'm not going to be happy.”

“Somebody just enjoys winning and somebody just hates losing. When I win, that is somehow what I expect of myself. I think if you're not competitive, you are not able to make it on the highest level,”Karsten explained.

Since both achieved great goals in their sports, they speak about the best moment in their careers. Karsten has no doubts: Tokyo 2021 and his World Record at the Olympic Games. For Magnus, the Norwegian Chess Championship (under 11) in 2000 is something that he will never forget, because it was the first time he was ever the best.

Karsten and Magnus share the same Norwegian roots and they agree on why they feel that being part of the PUMA family is the best fit for them.

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Herzogenaurach, Germany, April 21, 2022
Wear, return, biodegrade: PUMA RE:SUEDE Experiment starts with distribution of 500 pairs
Sports company PUMA has started to distribute 500 pairs of its experimental RE:SUEDE sneaker to participants in Germany after recording strong interest for this biodegradability project.

With the RE:SUEDE experiment, PUMA will test whether it can make a biodegradable version of its most iconic shoe, the SUEDE. The participants will wear the RE:SUEDE for half a year before returning their pairs to PUMA. The company will then send the worn RE:SUEDES to industrial composting experts Ortessa in the Netherlands, who will analyze whether the sneakers can biodegrade in a controlled, industrial setting.

“We are excited that we received many times more requests for the RE:SUEDE experiment than we had pairs available, which shows that there is a large interest in sustainability topics,” said Heiko Desens, Global Creative Director at PUMA. “As part of the experiment, we will also gather feedback from participants about the comfort and durability of the sneakers, which will help us design future versions of the shoe, if the experiment is successful.”

PUMA’s global brand ambassadors, such as model, actress and activist Cara Delevingne, will also test the RE:SUEDE as part of this project.

The RE:SUEDE is made with materials such as Zeology tanned suede, biodegradable TPE and hemp fibers. Compared to other biodegradable materials that were evaluated by PUMA, these materials also ensure better comfort for the wearer.

The RE:SUEDE experiment is the first project to launch as part of PUMA’s “Circular Lab”, an innovation hub, which brings together PUMA’s sustainability and design experts who work on circularity programs. The recently announced RE:JERSEY project, in which PUMA pilots an innovative garment-to-garment recycling process, is also a part of “Circular Lab”.

Manchester, UK, April 23, 2022
PUMA’s circularity project RE:JERSEY takes center stage ahead of Manchester City match, fans invited to participate

Manchester City players wore special PUMA jerseys ahead of their clash against Watford on Saturday, which were made using repurposed football jerseys as part of PUMA’s innovative recycling project RE:JERSEY.

RE:JERSEY aims to reduce waste and pave the way towards more circular production models in the future. While PUMA’s football kits on the market today are already made from 100% recycled polyester, the RE:JERSEY shirt worn ahead of Saturday’s game are made with 75% repurposed football jerseys. The remaining 25% comes from SEAQUAL ® MARINE PLASTIC [1].

Starting Monday, PUMA will also set up special collection bins at the City Store next to the Etihad Stadium to invite fans to donate their old polyester items so they can become a part of this garment-to-garment recycling project. The club will also set up take-back bins in other parts of the Etihad Campus. Further details how fans can participate in RE:JERSEY can be found at http://www.mancity.com/rejersey.

“As part of our Forever Better sustainability strategy, we want to take more responsibility when it comes to the end of life of our products,” said Matthias Bäumer, General Manager BU Teamsport at PUMA. “With RE:JERSEY, we are taking an important step in garment-to-garment recycling which will help us reduce waste in the future.” Ahead of Saturday’s game, the center circle at the Etihad Stadium carried the message “Eat, Sleep, City Repeat – 100% RE:JERSEY” on a bright blue patchwork, which was crafted using recycled materials. This patchwork will also be recycled as part of the experiment.

“Both Manchester City and PUMA have made significant commitments to their respective sustainability agendas that ensure both social and environmental actions work for long-term, tangible change,” said Pete Bradshaw, Director of Sustainability at Manchester City. “With RE:JERSEY, PUMA is looking for new ways to make sporting goods more circular and we are proud to be able to play a part in this journey, working to engage fans, community, workforce and partners – actively collaborating for a better future.”

The products made in the RE:JERSEY project will also make an appearance during the upcoming pre-match warm-ups by Manchester City’s Women’s Team against Leicester on Sunday, as well as by PUMA Clubs AC Milan, Borussia Dortmund and Olympique de Marseille in April and May.

In the recycling process used for the RE:JERSEY project, even old garments that feature logos, embroideries and club badges can be used, as the material is chemically broken down into its main components (depolymerization). Colours are then filtered out and the material is chemically put back together to create a yarn (repolymerization) that has the same performance characteristics as virgin polyester.

The RE:JERSEY pilot experiment is part of PUMA’s Circular Lab and its Forever Better sustainability platform. As part of Circular Lab, PUMA announced the RE:SUEDE program last year, which tests, whether the company can make a biodegradable version of its iconic Suede sneaker.


[1] SEAQUAL ® MARINE PLASTIC
SEAQUAL® MARINE PLASTIC is a sustainable and fully traceable raw material from SEAQUAL INITIATIVE that is made from marine litter, or in some cases from end-of-life fishing nets or other plastics used in aquaculture (such as those used in mussel and oyster farming). For more information, visit https://www.seaqual.org.

herzogenaurach, germany, april 27, 2022
PUMA reports strong Sales and EBIT growth in the first Quarter despite Geopolitical Tensions and Supply Chain Constraints

2022 First Quarter Facts

  • Sales increase by 19.7% currency adjusted (ca) to € 1,912 million (+23.5% reported / Q1 2021: € 1,549 million)
  • Gross profit margin declines to 47.2% (Q1 2021: 48.5%) • Operating expenses (OPEX) increase 18.6% while OPEX ratio improves
  • Operating result (EBIT) improves by 27.0% to € 196 million (Q1 2021: € 154 million)
  • EBIT margin increases by 30 basis points to 10.3% (Q1 2021: 10.0%)
  • Net earnings improve by 11.2% to € 121 million (Q1 2021: € 109 million)
  • PUMA partners with French fashion brand AMI in an exclusive collaboration
  • PUMA releases special edition of LaMelo Ball's signature basketball shoe MB.01
  • PUMA teams up with Alfa Romeo F1 Team ORLEN to equip China’s first F1 driver Zhou Guanyu and Valtteri Bottas with race gear
  • PUMA and the Italian Lega Serie A announce new long-term partnership to start in season 2022/23
  • PUMA trials garment to garment recycling in circularity project RE:JERSEY, using old football kits to produce new ones
  • Neymar Jr. and PUMA launch the FUTURE Instinct football boot edition
  • PUMA brand campaign “SHE MOVES US” continues with runner Molly Seidel and footballer Sara Björk Gunnarsdottir
  • PUMA signs multi-year contract with the Brazilian Confederation of Athletics (CBAt)

 

BJØRN GULDEN, CHIEF EXECUTIVE OFFICER OF PUMA SE:


“We have had a very good start into 2022. Despite of all the obstacles and uncertainties, we achieved a sales growth of 20% to € 1,912 million and an EBIT growth of 27% to € 196 million in the first quarter. The demand for our products was high, both from retailers and consumers, and our operations people were able to move enough product through a tight supply chain to partly fulfill this increasing demand. I am very happy to see that the growth is coming from all product divisions and all business units. We have had the highest growth rates in the performance categories like Running, Football, Basketball and Golf, which confirms that our investments into innovation and marketing are paying off. Based on such a strong first quarter, we would normally raise our outlook for the full year. But given the increased uncertainty in the world, we have decided to stick to our initial outlook from the beginning of this year. The COVID-19 outbreak in China, the crisis in Ukraine, a very tight freight situation and inflationary pressures are all uncertainties that force us to remain very flexible and to manage our business as well as possible in the short-term without hindering PUMA’s mid-term momentum. We see further upside on the revenue side, but also increased pressure on our OPEX and gross margin due to all the uncertainties. In this situation, we will continue to prioritize market share gains and our mid-term growth potential over short-term profit optimization. We will also continue to prioritize the health and safety of our people and not save on anything here. Now, this is especially important for all our employees and their families in Ukraine. The PUMA Family means more than profitability.”

Copyright - Puma

FIRST QUARTER 2022


Sales increased by 19.7% (ca) to € 1,912.2 million (+23.5% reported). Americas reported the strongest sales growth of 44.1% (ca), driven by continued high demand for the PUMA brand in the North American and Latin American markets. Sales in EMEA were up 25.5% (ca), reflecting strong growth across all key markets in Europe. Sales in Asia/Pacific declined 17.0% (ca) due to the current market environment in Greater China resulting from COVID-19 related restrictions and geopolitical tensions. All product divisions grew double-digit with Footwear being up 18.2% (ca), Apparel 16.0% (ca) and Accessories 32.2% (ca). The growth was driven by a strong demand for our Performance categories like Running & Training, Teamsports, Golf and Basketball, as well as for the Sportstyle category.

PUMA’s Wholesale business increased by 23.3% (ca) to € 1,528.2 million and the Direct-to-Consumer (DTC) business was up by 7.1% (ca) to € 384.0 million. Sales in owned & operated retail stores increased 21.3% (ca) while e-commerce declined 13.2% (ca) as we continued to prioritize our retailers when supply was limited and due to the current market environment in Greater China.

The gross profit margin declined by 130 basis points to 47.2%, mainly caused by an unfavorable geographical and channel mix as well as higher freight rates while currencies had a slight positive effect. Operating expenses (OPEX) increased by 18.6% to € 712.8 million as a result of higher marketing expenses, more retail stores operating as well as higher sales-related distribution and warehousing costs. Despite ongoing operating inefficiencies due to COVID-19, especially in the supply chain, the OPEX ratio decreased to 37.3% (Q1 2021: 38.8%).

The operating result (EBIT) increased by 27.0% to € 196.0 million (Q1 2021: € 154.3 million). A strong sales growth and an improved OPEX ratio resulted in an EBIT margin increase by 30 basis points to 10.3% (Q1 2021: 10.0%).

Net earnings increased from € 109.2 million to € 121.4 million and earnings per share were up by 11.1% from € 0.73 in the first quarter of 2021 to € 0.81 in the first quarter of 2022.

 

WORKING CAPITAL


The working capital increased by 35.8% to € 1,004.8 million (March 31, 2021: € 740.2 million). Inventories were up by 32.2% to € 1,618.3 million (March 31, 2021: € 1,224.0 million) with most of the increase driven by Goods in Transit. Given the uncertainty about the impact of the COVID-19-related restrictions on our suppliers in Asia, we accelerated the delivery of our products wherever possible. Trade receivables increased by 23.0% to € 1,128.5 million (March 31, 2021: € 917.5 million) mainly as a result of strong sales growth. On the liabilities side, trade payables increased by 20.9% to € 1,275.0 million (March 31, 2021: € 1,054.9 million).

 

OUTLOOK 2022


PUMA has had a strong start to the year with a sales growth of 19.7% (ca) to € 1,912 million and an EBIT increase of 27.0% to € 196 million in the first quarter of 2022, underlining the continued momentum of the PUMA brand in a difficult market environment.

The year 2022 has again started with a high level of uncertainty in the global business environment. Several governments have implemented regional or country-wide restrictions due to a record high of COVID-19 infections, which continue to impact our value chain from manufacturing to retail store operations. The overall supply chain situation remains challenging due to port congestions, limited shipping capacities and continued freight rate increases. The crisis in Ukraine is having a direct negative impact - leading to lost sales and EBIT - and an indirect impact through the general tense geopolitical situation and increasing uncertainty worldwide. As a result, we continue to see inflationary pressures in all markets.

Despite the increasing uncertainties in 2022, we confirm a currency-adjusted sales growth of at least ten percent – with upside potential – in the financial year 2022. In line with our previous outlook we anticipate our operating result (EBIT) to be in a range of € 600 million and € 700 million (2021: € 557 million) and net earnings to improve correspondingly. The development of our gross profit margin and our OPEX-ratio in 2022 will continue to largely depend on the degree and duration of the negative impacts described above. While we will stay focused on our growth momentum by servicing our retail partners and consumers in the best possible way, we expect inflationary pressures from higher freight rates and raw material prices, as well as operational inefficiencies due to COVID-19 and the Ukraine crisis to dilute our profitability in 2022.

The achievement of this outlook is subject to continued manufacturing operations in our key sourcing countries in Asia and no major business interruptions due to COVID-19. In line with the previous years, PUMA will continue to manage the challenges short-term without hindering the positive mid-term momentum. The strong and profitable growth in the first quarter, a strong orderbook, an exciting product line-up as well as very good feedback from retailers and consumers make us confident for the mid-term success and growth of PUMA.

 

PUMA launches "For All Time" a global Classics platform featuring Icons of Culture.
Global sports brand PUMA announces the kickoff of their “FOR ALL TIME” marketing campaign, highlighting their deep legacy as the Classic sneaker brand. PUMA will be examining the meaning of the word “Classic” through products, content, and impact created by “The Collective,” a group of Iconic Culture Influencers, who have shaped the sneaker game over the last 50 years.

PUMA has partnered with their Basketball and Classics Creative Director, JAY-Z and Roc Nation’s Emory Jones, as the executive producers of “The Collective,” a team of creatives, influencers, and storytellers who have had a timeless influence in each of their respective fields. Each member of The Collective will highlight various Classic PUMA sneaker silhouettes with interviews, creative content, and product designs that help define both what it means to be a Classic, and what it means to have timeless influence.

As a key element of the project, each member of The Collective will hand select a rising member of the next generation of soon-to-be classic influencers within their fields, and support their work and development with a financial grant as well as mentorship and promotional support. PUMA will highlight these new members of the Collective, shining a light on those who very well may become the “classics” of tomorrow.

The Collective line up consists of: Roc Nation’s Emory Jones, award-winning Designer and PUMA Creative Director June Ambrose, Harlem fashion innovator Dapper Dan, decorated Director and videographer Hype Williams, NBA Hall of Famer and PUMA Ambassador Walt Clyde Frazier, RHUDE Designer Rhuigi Villaseñor, Creative Consultant and Founder of Upscale Vandal, Mike Camargo, and Legendary Photographer Lenny Santiago who stands as the Visual Director of Still Photography for the campaign.

“This year we will be highlighting PUMA’s legacy as a classic sneaker brand by asking a select group of iconic cultural leaders the essential question: What is a Classic?” said Adam Petrick, Chief Brand Officer at PUMA. “Our ‘FOR ALL TIME’ campaign will communicate PUMA’s classic sneakers such as The Suede, and other products by recounting inspiring stories from renowned people who have become unparalleled classics themselves, having influenced Fashion, Music and Sports over the last five decades.”

Over the next 7 months, The Collective will share their personal stories of growth and development, while also sharing the story of their personally selected Collective member. Each month will see the release of new content via advertising, web content, and social media.

In the current culture of snackable content, immediate access, and trending fame there isn’t much respect for the “long-game.” But it’s the long-game that lasts, the long-game that breeds enduring influence. The “FOR ALL TIME” initiative celebrates this influence by passing the torch to those who aspire to build a legacy, in collaboration with those who have.

PUMA has 75 years of rich history; 75 years of building relationships with some of the most impactful names across sport, music, fashion and entrepreneurship; June Ambrose merged hip hop into the luxury fashion space creating a blueprint for 90s and 00s style, Hype Williams transformed hip hop into art with his groundbreaking music videos, Emory Jones is a business and branding visionary, Lenny Santiago redefined on-the-move portraiture, Rhuigi challenged the traditions of American streetwear, Dapper Dan defined logomania before it had a name, and Mike Camargo brings community to the masses - the collective boasts 30+ years of cultural influence that has expanded that access of generations to come.

The collective have been profiled in a series of short films by award-winning director Nadia Hallgren (Becoming), the platform will enable the collective to tell their stories and playbook on how they have created timeless, classic influence. Starting in late April, the platform will be updated on a monthly basis with The Collectives’ stories, starting with Emory Jones in April, followed by Mike Camargo in May, and June Ambrose in June.

In that same time frame, many of PUMA’s products have become true icons and have earned the designation of “Classic.” From the timeless PUMA Suede or the T7 Track Suit, worn by B Boys and street influencers in the 70’s and 80’s, to the world’s first signature basketball shoe – The Clyde, first established in 1973 and named for Walt “Clyde” Frazier, who redefined “cool” on and off the court. From the everyday ease of the CA-Pro tennis sneaker capturing the on-court look of the 80s and 90s, to the Slipstream basketball shoe, originally released in the early 80s and re-released several times over its history... PUMA has a long list of products that can truly be called “Classics.”

All information on the FOR ALL TIME platform can be found at puma.com/foralltime. It will house content and conversations with the collective.

Herzogenaurach, Germany, April 29, 2022
Better Materials and renewable Energy: PUMA cuts CO2 Emissions from Offices, Stores and Supply Chain

Sports company PUMA has cut its own carbon emissions and those coming from its supply chain between 2017 and 2021, even though the business grew strongly during this period, as the company is on track to reduce its emissions by what scientists say is necessary to avoid the worst consequences of climate change.

PUMA’s own carbon emissions and those from purchased energy dropped by 88% in 2021 compared to the company’s 2017 base year. But PUMA also managed to reduce emissions in the supply chain, the most carbon-intensive part of its business. Even though PUMA recorded strong growth of 65% between 2017 and 2021, the company cut CO2 emissions from its supply chain by 12 %. If adjusted for the sales growth, greenhouse gas emissions from PUMA’s supply chain fell by 46%.

PUMA focused on purchasing 100% renewable electricity through renewable electricity tariffs and renewable energy attribute certificates, moving the company’s car fleet to electric engines, using more sustainable materials and efficiency improvements at a factory level to achieve this reduction.

“For the first time, we published the numbers for our entire value chain, and we have made some real progress towards achieving our climate ambitions over the last years. Our own emissions and those from purchased energy were reduced by more than what is needed to do our part to keep climate change below 1.5 degrees,” said Stefan Seidel, Senior Head of Corporate Sustainability. “We will not stop here and continue to make improvements to live up to our Forever Better sustainability strategy.”

Using less carbon intensive raw materials is an important pillar of PUMA’s sustainability strategy. In 2021, PUMA expanded the use of recycled polyester to 55% in its Apparel products, as part of its strategy to use 75% recycled polyester in its Apparel and Accessories by 2025. Overall, PUMA wants to make nine out of ten products from more sustainable materials by 2025. In 2021 this was already the case for six out of ten products.

As a founding member of the Fashion Industry Charter for Climate Action, facilitated by UN Climate, PUMA recognises the fashion industry’s important role in decarbonization and is also working with other brands, governments and NGOs to reduce CO2 emissions throughout the supply chain.

For more information, you can read 2021 PUMA’s Sustainability Report on https://about.puma.com/en/sustainability/reporting.

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