Herzogenaurach, Germany, August 2, 2022
Conference of the People: PUMA hosts global Event to discuss Solutions for a more sustainable Fashion Industry

Sports company PUMA will discuss solutions for some of the fashion industry’s most pressing sustainability challenges such as waste, materials and climate change at a global event in September.

Taking place in London on September 6 and streamed worldwide, Conference of the People will feature PUMA’s industry peers, activists, NGOs, experts, ambassadors and consumers, who will discuss tackling waste, using more sustainable materials, stopping climate change, protecting forests and finding ways for the industry to collaborate to achieve results sooner.

“We will focus on Gen Z during this event, as we want to give this generation a voice when it comes to the decisions that have to be made today to shape a more sustainable future,” said Bjørn Gulden, CEO of PUMA. “At the United Nations they call it Conference of the Parties, we call it Conference of the People.”

Ahead of the event, PUMA launched the platform PUMACOP.com, where users can learn more about the event and register their interest to attend. The event will also be streamed live on this platform.

International actress, model and activist Cara Delevingne will host the event alongside PUMA CEO Bjørn Gulden and PUMA CSO Anne-Laure Descours.

“Together with PUMA, I have worked on sustainability topics for several years and together we have launched more sustainable collections such as Exhale,” said Cara Delevingne. “It is important to continue the debate about this topic so we can find solutions to environmental issues such as climate change, waste management and biodiversity.”

Becoming more sustainable as a company has been an important pillar of PUMA’s strategy for many years. Earlier this year, the company announced that it had reduced its carbon emissions between 2017 and 2021 from both its own operations (-88%) and its supply chain (-12%), in spite of strong sales growth in the same period. By 2025, PUMA aims to make nine out of 10 products with more sustainable materials.

The company was the most sustainable brand in the industry according to the latest ranking by Business of Fashion, which analyzed the 30 largest companies in the fashion business.

Conference of the People will start on September 6 at 12pm BST (1pm CET, 7 am ET) at Protein Studios in Shoreditch, London for 225 invited guests. The livestream of the event is free to access for all.

Herzogenaurach, Germany, August 10, 2022
PUMA signs South Korean High Jumper Woo Sanghyeok
Sports company PUMA has signed an agreement with successful South Korean high jumper Woo Sanghyeok, who will wear PUMA’s performance products starting at the Diamond League Meeting in Monaco

At 26 years old, Woo Sanghyeok already has several medals to his name such as gold at the World Indoor Championships in Belgrade and silver at the World Athletics Championships in Eugene. In 2022, he set a personal best and the Korean Record of 2.36 meters at the indoor event in Hustopeče, Czech Republic.

“We are very excited to welcome Sanghyeok to the PUMA family,” said Pascal Rolling, Head of Sports Marketing at PUMA. “We believe he will be among the best high jumpers in the world in the next years.”

At PUMA, Woo Sanghyeok will join a roster of world-class athletes such as 400m hurdles World Record Holder Karsten Warholm, pole vault World Record Holder Armand “Mondo” Duplantis and Jamaican sprinters Shericka Jackson and Elaine Thompson-Herah.

São Paulo, Brazil, August 11, 2022
Sprinter Vitória Rosa is PUMA's new athlete and global ambassador
PUMA announces sprinter Vitória Rosa as its new athlete and global ambassador. One of the great names in Brazilian track and field, as well as a promise for the 2024 Olympic Games in Paris, Vitória represented Brazil at the 2016 Olympic Games at just 20 years old and last year at the Olympic Games in Tokyo. In addition, the athlete was a gold, silver and bronze medalist at the Pan American Games in Lima 2019, South American champion in 2017, 2019 and 2021, as well as a finalist in the Outdoor World Championship in London 2017 with the Brazilian 4x100m relay team.

Currently, the 26-year-old is #20 in the world ranking for the 200m sprint and having competed since 2013, Vitória is in the best phase of her career. The athlete, in her competition debut wearing PUMA, broke the South American 200m record at the Oregon World Championships, with a time of 22.47s. The former record had gone unbeaten since 2011. Earlier this year, the sprinter also achieved the South American Indoor record in the 60m sprint with a time of 7.14s at the World Indoor Championships in Belgrade, being the first South American woman to be a finalist in this race.

The arrival of Vitória Rosa to the PUMA team follows the recent partnership between the global sports brand and the Brazilian Athletics Confederation (CBAt), in vigor until 2024, when the Paris Olympics will take place. Vitória also joins a strong team in the Women's category of PUMA Brazil, with names such as Bruna Marquezine, Isis Valverde, Larissa Manoela and Isa Pacheco, reinforcing the brand's support of women in sport.

HERZOGENAURACH, OCTOBER 26, 2022
PUMA achieves another record Quarter in Sales and EBIT despite Geopolitical Tensions and Lockdown Measures

2022 Third Quarter Facts

  • Sales increase by 16.9% currency adjusted (ca) to € 2,354 million (+23.9% reported / Q3 2021: € 1,900 million)
  • Gross profit margin decreases to 46.8% (Q3 2021: 47.4%)
  • Operating expenses (OPEX) increase by 25.8% to € 853 million (Q3 2021: € 678 million)
  • Operating result (EBIT) improves by 12.6% to € 258 million (Q3 2021: € 229 million), resulting in an EBIT margin of 10.9% (Q3 2021: 12.0%)
  • Net earnings improve by 1.8% to € 146 million (Q3 2021: € 144 million)
  • PUMA and Manchester City host their first-ever metaverse jersey launch on Roblox to unveil the new 3rd kit for 2022/23
  • PUMA and WNBA star Breanna “Stewie” Stewart launch the Stewie 1, the first new women’s signature basketball sneaker in over a decade
  • PUMA presents LaMelo Ball's second signature shoe MB.02 following the sell-through success of the MB.01
  • PUMA athletes win medals and set records at World and European Athletics Championships
  • PUMA extends its roster of world class track & field athletes by signing Elaine Thompson-Herah, Abby Steiner, Emmanuel Korir and Mutaz Essa Barshim
  • PUMA launches SEASONS, an elevated outdoor collection
  • PUMA’s FUTROGRADE show at New York Fashion Week blends past and present of the brand in virtual and real-life spectacle
  • PUMA announces a long-term partnership with Skepta, a British-Nigerian rapper and record producer
  • PUMA hosts Conference of the People, a global event to discuss solutions for a more sustainable fashion industry

2022 Nine Months Facts

  • Sales increase by 18.2% (ca) to € 6,269 million (9M 2021: € 5,038 million)
  • Gross profit margin decreases to 46.8% (9M 2021: 47.8%)
  • Operating expenses (OPEX) increase by 22.2% to € 2,357 million (9M 2021: € 1,930 million)
  • Operating result (EBIT) improves to € 600 million (9M 2021: € 492 million), resulting in an EBIT margin of 9.6% (9M 2021: 9.8%)
  • Net earnings improve to € 352 million (9M 2021: € 302 million)

 BJØRN GULDEN, CHIEF EXECUTIVE OFFICER OF PUMA SE:


“Despite all the global uncertainties the third quarter was again a very good quarter for us. With sales being up 24% in Euro terms at € 2,354 million and EBIT up 13% to € 258 million, it was the best quarter in PUMA’s history. Improved product availability due to a more stable supply chain, better than expected sell-through and PUMA’s continued global brand momentum overcompensated all the negative external factors. During the first nine months, we achieved sales growth of 24% in Euro terms (18% ca) to € 6,269 million and an EBIT of € 600 million.
Our Performance categories like Running, Soccer and Basketball continue to do very well. We still see strong demand for Footwear, but we also observe that high inventory levels in the market, especially for Apparel, have led retailers to order more cautiously than a year ago.
With almost all our markets up double-digit, we continue to see a strengthening of the PUMA brand and our sales globally.
We expect continued volatility in the market during the fourth quarter but are confident that we can deliver according to our full-year outlook.
We will also continue with our people-first approach and always prioritize the health and safety of our employees and not save on anything. At the moment, this is especially true for our people and their families in Ukraine who have our full sympathy and support. At the same time, we will also continue to invest in our people, brand and infrastructure, as sales growth and higher market shares will be more important than short-term profit optimization.”

 

Copyright - Puma

Third Quarter 2022

Sales increased by 16.9% (ca) to € 2,354.4 million (+23.9% reported), representing the highest quarterly sales in PUMA’s history. The Americas region recorded a strong sales growth of 18.8% (ca). Sales in EMEA were up 18.5% (ca), driven by strong growth across almost all key markets in Europe. The Asia/Pacific region recorded sales growth for the first time this year (+9.8% ca). While COVID-19 related lockdown measures still impacted the business in Greater China, other key markets in Asia/Pacific delivered strong growth. Sales in Footwear were up 33.2% (ca) and Apparel grew 9.9% (ca), driven by continued strong demand for our Performance categories like Running & Training, Teamsports and Basketball, as well as for Sportstyle. Sales in Accessories were down 10.2% (ca) because of a softer leg- and bodywear-business, especially in North America.

PUMA’s Wholesale business increased by 19.9% (ca) to € 1,864.6 million and the Direct-to-Consumer (DTC) business was up by 6.5% (ca) to € 489.7 million. Sales in owned & operated retail stores increased 4.2% (ca) and e-commerce increased 11.8% (ca). We continued to focus on our strategy of being the best partner for our retailers, which supported the strong growth in our Wholesale distribution channel. At the same time, better product availability led to stronger growth in DTC, predominantly in e-commerce.

The gross profit margin decreased by 60 basis points to 46.8%, mainly caused by higher sourcing prices due to raw materials and freight rates as well as an unfavorable channel mix, while price adjustments and currencies had a positive impact.

Operating expenses (OPEX) increased by 25.8% to € 853.2 million as a result of higher marketing expenses, a higher number of retail stores in operation as well as higher sales-related distribution costs. Because of ongoing operational inefficiencies due to COVID-19, especially in supply chain and warehousing, the OPEX ratio increased to 36.2% (Q3 2021: 35.7%).

The operating result (EBIT) increased by 12.6% to € 257.7 million (Q3 2021: € 228.9 million) and the EBIT margin came in at 10.9% (Q3 2021: 12.0%).

Net earnings increased by 1.8% to € 146.4 million (Q3 2021: € 143.8 million), reflecting a decrease in the financial result due to currency effects. Consequently, earnings per share amounted to € 0.98 (Q3 2021: € 0.96).

 

Nine Months 2022

Sales increased by 18.2% (ca) to € 6,268.5 million (+24.4% reported). Americas led the growth with a 28.1% (ca) increase in sales, followed by the EMEA region with all key markets in Europe contributing strong growth to a 21.4% (ca) increase in sales. Sales in the Asia/Pacific region were down 3.7% (ca) due to geopolitical tensions and COVID-19 related lockdown measures in Greater China, while other major markets in Asia/Pacific recorded strong growth. All product divisions delivered a solid growth, with Footwear being up 24.0% (ca), Apparel up 14.7% (ca) and Accessories up 8.9% (ca).

The Wholesale business was up 21.8% (ca) to € 4,956.0 million and the Direct-to-Consumer business (DTC) increased by 6.4% (ca) to € 1,312.5 million with growth in owned & operated retails stores (+11.1% ca) and a decline in e-commerce (-2.1% ca).

The gross profit margin decreased by 100 basis points to 46.8% (9M 2021: 47.8%). This was mainly caused by an unfavorable geographical and channel mix as well as higher sourcing prices due to raw materials and freight rates, which were partially offset by currencies and price adjustments.

Operating expenses (OPEX) increased by 22.2% to € 2,357.3 million (9M 2021: € 1,929.5 million). Higher marketing expenses, a higher number of retail stores in operation, higher sales-related distribution and warehousing costs, as well as operational inefficiencies due to COVID-19 contributed to this increase. However, the respective OPEX ratio decreased to 37.6% (9M 2021: 38.3%) as a result of higher sales growth and continued OPEX control.

The operating result (EBIT) increased by 22.0% to € 600.1 million (9M 2021: € 492.1 million) due to strong sales growth and continued OPEX control. Consequently, the EBIT margin came in at 9.6% (9M 2021: 9.8%).

Net earnings increased by 16.7% to € 352.1 million (9M 2021: € 301.7 million) and earnings per share were € 2.35 (9M 2021: € 2.02).

 

Working Capital

The working capital increased by 86.2% to € 1,339.0 million (September 30, 2021: € 719.0 million). Inventories were up by 72.3% to € 2,350.2 million (September 30, 2021: € 1,363.9 million). The current inventory level is strongly impacted by currency effects, higher raw material prices and freight rates as well as earlier product purchasing. In addition, the third quarter last year was comparably low due to COVID-19 related factory closures in South Vietnam. Trade receivables increased by 21.9% to € 1,290.3 million (September 30, 2021: € 1,058.6 million), mainly as a result of strong sales growth. On the liabilities side, trade payables increased by 50.5% to € 1,810.2 million (September 30, 2021: € 1,202.8 million).

 

Outlook 2022

PUMA achieved record sales and EBIT in the first nine months of 2022 based on continued brand momentum, successful product launches and the best possible service to our retail partners and consumers.

While the first nine months of the year have been strong for PUMA, we continue to navigate in a highly uncertain geopolitical, macroeconomic and competitive environment. The situation in Ukraine, a global energy crisis, persistent inflation and rising interest rates are leading to uncertain consumer behavior and volatile demand. COVID-19-related restrictions are still impacting business in Greater China, and higher freight rates and raw material prices continue to put pressure on margins. At the same time, the overall inventory levels have increased at both retailers and brands. The higher inventory levels, combined with uncertainty and volatility in the markets, are leading to increased promotional activity and retailers ordering later and more conservatively.

Despite the highly uncertain environment, PUMA reiterates its 2022 outlook for currency adjusted mid-teens sales growth, and an operating result (EBIT) in a range of € 600 million to € 700 million (2021: € 557 million). PUMA’s net earnings are expected to improve accordingly. The development of the gross profit margin and OPEX-ratio will continue to depend largely on the extent and duration of the negative impacts described above. In line with previous expectations, PUMA estimates that inflationary pressures from higher freight rates and raw material prices, as well as operational inefficiencies due to COVID-19 and the Ukraine crisis will dilute the profitability in 2022.

In line with the strategy, PUMA will continue to focus on managing short-term challenges without compromising the mid-term momentum of the brand. Consequently, sales growth and market share gains will have priority over short-term profitability. The strong and profitable growth in the first nine months of the year, a strong order book, 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.

Herzogenaurach, Germany, November 2, 2022
PUMA named Company of the Year at German Diversity Awards

Sports company PUMA was named Company of the Year at this year’s German Diversity Awards for its commitment to an open and tolerant work environment for its employees.

In line with PUMA’s employer value “Be You”, all employees can be themselves, regardless of their gender, nationality, ethnicity, religion, disabilities, age, or sexual orientation.

“It is important for us that our employees do not bring an office personality to work, but we want them to feel comfortable with us as they are,” says Dietmar Knoess, Global Director of People and Organisation at PUMA. “We are delighted to accept the German Diversity Award and will use it as an incentive to further stress the importance of diversity and inclusion in our company.”

Employees in leadership positions at PUMA are regularly trained in topics such as diversity, intercultural communication and inclusion and there are regular events on the topic of Diversity, anti-discrimination and equality.

This year’s summer festival for the company’s employees in Herzogenaurach, for example, was organized, together with the organization Chrisopher Street Day Nürnberg e.V. in order to celebrate Pride Month, diversity and inclusion.

PUMA sees the diversity of its employees is an asset: at the headquarters in Herzogenaurach, the employees come from over 70 companies and the percentage of women in leadership positions company-wide lies at 44%.

“We are delighted to award PUMA with the Germany Diversity Award 2022 in the category ‘Company of the Year’,” says Victoria Wagner, CEO and founder of BeyondGenderAgenda, the organization which awards the German Diversity Award. “Through its outstanding commitment
to diversity, PUMA was convincing in all voting rounds and is a positive example for embedding diversity practices into its business.”

PUMA prepares for the next chapter and appoints Arne Freundt as new CEO of PUMA

The Supervisory Board of PUMA SE has today appointed Arne Freundt as chairman of the Management Board and CEO of the Company.

He is receiving a contract for four years, effective January 1, 2023. Arne Freundt has worked for PUMA for more than ten years and has been a member of the Management Board as Chief Commercial Officer since June 2021. Bjørn Gulden’s mandate as member of the Management Board of PUMA SE expires at the end of 2022. 

 

Herzogenaurach, November 8, 2022
Arne Freundt becomes CEO and Chairman of the Management Board of PUMA with immediate effect

The Supervisory Board of PUMA SE has decided that Arne Freundt, PUMA’s Chief Commercial Officer, will become Chairman of the Management Board and CEO of PUMA SE with immediate effect, after it was announced that Bjørn Gulden will become CEO of Adidas AG.

PUMA announced last week that Bjørn Gulden’s mandate as member of the Management Board of PUMA SE would expire at the end of 2022. 

 


Somerville, MA and New York, NY, November 14, 2022
PUMA AND FOOT LOCKER, INC. EXPAND PARTNERSHIP TO REACH NEXT-GENERATION CUSTOMERS THROUGH BASKETBALL AND OTHER ELEVATED COLLABORATIONS
The strengthened partnership will enable both companies to reach new audiences while redefining brand-retailer collaboration.

“PUMA’s long-standing relationship with Foot Locker has played an instrumental role in our ability to drive innovation and push the boundaries of sports, fashion, and technology globally,” said Bob Philion, President of PUMA North America. “Our enhanced partnership not only provides us with additional opportunities for collaboration and growth, but it will enable us to provide even greater experiences and inclusion for our evolving customer base around the world.” Through this strengthened partnership, PUMA and Foot Locker have planned a series of exclusive collections and product collaborations with highly influential ambassadors reaching Gen Z and Gen Alpha. Specifics include:

  • expanding the basketball and classics categories with continued exclusive access to the LaMelo Ball Signature program, which launched with the MB.02 in October with additional iterations launching later this month and in December;
  • launching the first-ever PUMA x POKÉMON collaboration. PUMA and Foot Locker Inc. are partnering with The Pokémon Company International and Niantic, publisher of the popular Pokémon GO mobile game, to turn, for the next six months, 400 Foot Locker, Champs Sports, and Kids Foot Locker stores across the U.S. and the PUMA NYC Flagship store into Gyms and Poké Stops in Pokémon GO. Foot Locker, Champs Sports & Kids Foot Locker are the exclusive destination in North America for the PUMA x POKÉMON collaboration, available now.
  • PUMA x PAW PATROL™, a new collection of playful and sporty styles for kids will be available at exclusively at Kids Foot Locker and Foot Locker in North America starting November 25.
  • creating and launching upcoming athlete capsules with Mikey Williams;
  • building exclusive product programs to be released in the coming months with social media star and music artist Dixie D’Amelio and hip-hop artist Cordae;
  • launching PUMA x CoComelon, a new collaboration coming out next Spring and inspired by CoComelon’s favorite characters, which will create a close connection with the younger generation available exclusively at Kids Foot Locker.

“We are very excited to build on our already strong partnership with PUMA,” said Andrew Gray, Executive Vice President, Global Lockers and Champs Sports, Foot Locker, Inc. “By expanding and strengthening our collaboration with PUMA, we continue to advance our strategy to diversify our product selection and bring new and innovative products to our consumers.” In addition to building hyper-relevant creative partnerships and product collections, PUMA and Foot Locker will continue to advance shared marketplace opportunities, which include:

  • adding hype drops and marketplace exclusivity through franchises, such as the RSX, shared marketing partnership investments, and elevated in-store and online experiences for PUMA and Foot Locker customers; 
  • Investing in product creation and marketing to help support Foot Locker’s Leading Education & Economic Development (LEED) Initiative, the company’s commitment to invest in, amplify, and empower the Black community, and PUMA’s REFORM platform to drive social change.

PUMA and Foot Locker have jointly supported a portfolio of ambassadors, athletes, and brands to create exclusive product concepts and market activations across the Foot Locker portfolio. This collaboration has brought together product, marketing, digital, and customer experience in innovative new ways including launches such as L.O.L Surprise.

Shop the latest PUMA collections now at Foot Locker.

 

Herzogenaurach, Germany, December 5, 2022
PUMA congratulates Armand “Mondo” Duplantis on being named Male Athlete of the Year
Sports company PUMA congratulates Swedish pole vaulter Armand “Mondo” Duplantis on being named Male Athlete of the Year after winning two World Championships, the European Championship, the Diamond League and setting a new world record twice in 2022.

Since first breaking the pole vault world record in February 2020, Mondo has been in a class of his own. He won gold at the 2020 Olympic Games, the 2022 World Athletics Championships – both indoor and outdoor –the 2022 European Championships and the Diamond League. He also improved on his world record performance twice in 2022, which now stands at 6.21 meters.

At only 23 years old, Mondo, who started pole vaulting in his parents’ backyard as a child, says he still has more to achieve in his sport.
“I’m very grateful for the position I’m in right now, but I feel that there is still a lot more work ahead of me and that I can reach much higher goals,” Mondo told PUMA after winning the award. “I’m going to try to keep pushing the limits, pushing the barriers, and see how far I can go. I really believe that I still have more in the tank.”

Mondo, who has been a PUMA Athlete since 2019, performs in PUMA’s EvoSpeed Tokyo Nitro shoes, which combines PUMA’s responsive, nitrogen-injected foam midsole with a state-of-the-art carbon-fibre infused upper and a lightweight spike outsole.

Current world records in PUMA shoes are triple jump (Jonathan Edwards, 1995), 1,000m (Noah Ngeny, 1999), 3,000m Steeplechase (Saif Saaeed Shaheen, 2004), 100m and 200m (Usain Bolt, 2009), 400m hurdles (Karsten Warholm, 2021), and pole vault (Mondo Duplantis, 2022).

Herzogenaurach, Germany, December 8, 2022
PUMA to appoint Maria Valdes as Chief Product Officer and Member of the Board of Management

Sports company PUMA will appoint Maria Valdes (38) as Chief Product Officer and a Member of the Board of Management effective January 1, 2023.

In her new role, Maria, who is currently the General Manager of PUMA’s largest business unit Sportstyle, will be responsible for the business units Sportstyle, Motorsport, Teamsport, Running/Training, Basketball and Accessories. She will also oversee the creative direction of the brand and the go-to-market strategy of the company.

“As General Manager of our Sportstyle business unit, Maria has demonstrated a strong product expertise, a great service attitude towards our retail partners and a deep knowledge of our target consumer”, said Arne Freundt, Chief Executive Officer at PUMA. “I am convinced that her positive energy and relentless pursuit in pushing things forward make her the ideal candidate for this new role.”

Maria has been with PUMA since 2010 and worked as Senior Head of Product Line Management Footwear before becoming General Manager Sportstyle in 2019. Before her time at PUMA, she worked in product development and marketing for both L’Oréal and Inditex.

Starting January 1, 2023, PUMA’s Board of Management will consist of four members, including Arne Freundt (CEO), Hubert Hinterseher (Chief Financial Officer), and Anne-Laure Descours (Chief Sourcing Officer).

 

Herzogenaurach, Germany, December 13, 2022
PUMA’s transparency on climate change receives top mark by CDP

Sports company PUMA has been given the highest possible mark for its transparency and performance on climate change by not-for-profit charity CDP, which analyses the environmental impact of companies.

For this year’s ranking, CDP analyzed nearly 15,000 companies and allocated a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.

PUMA is among a small number of companies that received an A ranking for its efforts regarding climate change.

“We are proud to be on CDP’s A-List for the first time,” said Stefan Seidel, Head of Corporate Sustainability. “By setting a science-based target, we have shown how combatting climate change is an important part of our strategy and we are working hard with our partners to make our industry less carbon intensive.”

Earlier this year, PUMA announced that it was on track to meet its climate targets and that it had cut its own carbon emissions by 88% and those coming from its supply chain by 12% between 2017 and 2021, even though the business grew during the same period.

“CDP A List companies are showing they are ahead of the game – taking clear action to reduce emissions and to address environmental impacts throughout their value chains,” said Maxfield Weiss, Executive Director, CDP Europe. “This is the type of environmental transparency and action we need economy-wide to prevent ecological collapse.”

CDP is a non-profit organisation that runs a global environmental disclosure system for companies, cities, states and regions. It pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impact, to reduce greenhouse gas emissions, safeguard water resources and protect forests.

Herzogenaurach, Germany, January 17, 2023
PUMA named Global Top Employer in 2023

Sports company PUMA has been named a Top Employer globally in 2023, as the company also received this recognition in four regions and 22 countries.

The award, which follows a comprehensive survey by the Top Employers Institute, was given to PUMA for the first time in North America and Latin America, while the Asia Pacific and Europe regions added this title for the second and fourth time respectively.

“We are very grateful to be recognized as a Top Employer in 22 countries, four regions and also globally for the first time,” said Dietmar Knoess, Global Director of People and Organization at PUMA. “We offer an inclusive and attractive workplace and aim to constantly improve to give our people what they need to thrive in their careers.”

Led by its Employer Value “Be You” PUMA offers its staff a fair work environment and equal opportunities, regardless of who they are or where they are from. People from 75 nationalities work at PUMA’s headquarters in Herzogenaurach Germany. Globally, 44% of leadership positions are filled by women.

PUMA is dedicated to constantly improve the health and wellbeing of its employees and offers a wide range of services and benefits. For example, PUMA employees have access to a large variety of courses, free access to a gym and sports courts, while flexible working hours allow for a better work/life balance.

The Top Employer survey covers six areas and 20 topics such as People Strategy, Work Environment, Talent Acquisition, Learning, Diversity & Inclusion and Wellbeing.

 

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