Their PMMAF share price forecasts range from $100.00 to $100.00. Like arch rival Nike, Adidas has seen its revenues evaporate in 2020. They were worn by 105 players in the tournament and very visible on pitch thanks to their striking colors. This text provides general information. Comparing the results to its competitors, Nike Inc reported Total Revenue increase in the 4 quarter 2022 by 17.24 % year on year. After 70 years at loggerheads, the companies founded by Adolph and Rudi Dassler in their mothers laundry have decided to join forces and invade the American footwear market as a united front. In this SWOT analysis, the brand is an internal factor that helps achieve growth by increasing the company's share of the global market for athletic shoes, apparel, accessories, and equipment. We expect to scale up this process in the coming years to help reach our circularity and recycling goals. Get 397M+ B2B contact data from Websites and LinkedIn profiles, We use cookies to improve your browsing experience. I'm honored to have the chance to lead this fantastic company and take PUMA together with my great team to new heights.. PUMAs culture encourages creative thinking, innovative problem-solving and teamwork as we work to challenge the status quo. To capture the increasing popularity of womens football at the UEFA Womens Euro in England, we launched special editions of the FUTURE 1.4 and the ULTRA ULTIMATE football boots in womens specific fits. (March 10, 2022). Arne Freundt, Chief Executive Officer of PUMA SE: 2022 was a record year for PUMA. $80.00. 7. you agree to our privacy policy. Nike has risen 22.3%. Puma's market share is also smaller. Sales in Apparel and Accessories declined by 1.6% and 5.0% (ca) respectively, mainly because of softer demand in North America and Greater China. We accelerated our growth across all product categories and worldwide despite a volatile market environment. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company . We offered safe accommodation in Western Ukraine and welcomed many employees and their families in Germany and Poland, where we also helped with work permits and jobs. This has generated higher income, considering that its products are produced in a market such as Asia. This is the main secret of the . Sales increased by 21.1% (ca) to 2,196.6 million (+24.3% reported). There's a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Stellantis (STLA Research Report) and PUMA SE NPV (PMMAF Research Report) with bullish sentiments. The demographic part is the same, all three brands target young and active people from 15 - 25 years old. The German sportswear firm, number four in the world by sales, said net profit in the three months Chelsea FC and Nike Inc. are in advanced talks to sign an outfitting rights deal valued at $75 million per year for the English Premier League club, a person familiar with the matter said. Earnings per share improve to 2.07 (FY 2020: 0.53) A dividend of 0.72 per share for 2021 to be proposed to the Annual General Meeting PUMA included in DAX40, Germany's stock market index of largest companies With more than 70 per cent of its physical stores closed during the height of the pandemic, revenue for the first half of 2020 . PUMA SE is a Germany-based company engaged in designing, developing, selling and marketing sports footwear, apparel and accessories. To use individual functions (e.g., mark statistics as favourites, set This browser is no longer supported at MarketWatch. Puma's main intensive growth strategy is market penetration. In line with previous years, PUMA will continue to focus on managing short-term challenges without compromising the mid- and long-term momentum of the brand. The high cost has driven away many low-income customers. Market capitalization of Nike (NKE) Market cap: $187.52 Billion As of March 2023 Nike has a market cap of $187.52 Billion.This makes Nike the world's 51th most valuable company by market cap according to our data. In April, Hlose Temple-Boyer became the new Chair of PUMAs Supervisory Board. The ideal entry-level account for individual users. The three top industries that use Puma for This requires to be resolved (E . In, Statista. competitors While sales at PUMA's own retail stores declined in 2020 due to restrictions aimed at containing the COVID-19 pandemic and the resulting temporary closure of . It has used this pricing strategy so that it gives competition to its rival companies. $45.00. Puma's global sales increased 32 percent to 6.8 billion euros in 2021. It helps the company to meet its objectives of marketing successfully and make the name of its brand. Chart. Inventories were up by 50.4% to 2,245.1 million (December 31, 2021: 1,492.2 million), representing a good improvement compared to the year-over-year growth rate of 72.3% at the end of Q3. with Founded in 1948, the company is engaged in the design and manufacture of both casual and . Puma's Top competitors in the web-and-application-servers category are Nginx, Apache, Apache HTTP Server. compliance with the CCPA. She has been a part of the Supervisory Board since 2019 and is a member of the Audit Committee. By accepting this, This also includes our presence in sports such as cricket, rugby, padel or handball, where PUMA team Denmark won the Mens Handball World Championship for a record-breaking third time in a row in early 2023. Our management board was strengthened to four members when Maria Valdes was appointed Chief Product Officer in December. Under Armour, $3,500. Net earnings decreased by 82.0% to 1.4 million (Q4 2021: 7.9 million) and earnings per share amounted to 0.01 (Q4 2021: 0.05). The taxes on income showed a gain of 9.6 million (Q4 2021: expense of 11.2 million) due to an improved outlook for the future utilization of tax loss carryforwards. If signed, the deal would solidif FRANKFURT--Puma SE (PUM.XE) Friday said its first-quarter net profit rose 4%, helped by improved sales in central Europe and a strong performance at its footwear business. Slintel uses advanced data mining and AI algorithms to track customers and Get all information related to PUMA shares. Please create an employee account to be able to mark statistics as favorites. Wayfair, PUMA and Drift have wildly different customer bases. The opportunities for any brand can include areas of improvement to increase its business. Represents the company's profit divided by the outstanding shares of its common stock. We delivered the strong growth based on our continued brand momentum, successful product launches and the best possible service for our athletes, retail partners and consumers. Around the world in 2023, over 17 companies have BERLIN--German sporting goods company Puma SE (PUM.XE) on Thursday predicted earnings would rise this year despite a slightly widening loss in the fourth quarter. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a . Nike is the largest athletic footwear and apparel brand in the world. A typical Under Armour customer is athletic and health conscious. * Nike's financial year ends May 31st of each year. March 10, 2022. As part of our collaborations with AMI Paris, MCM, Palomo Spain, Vogue, Pokmon, Garfield and others we created fashion-forward Sportstyle collections that resonated well with our customers. This makes PUMA the second company in Germany to receive the title Universal Fair Pay Developer" by organization FPI Fair Pay Innovation Lab. PUMA achieved another record in sales and operating result (EBIT) in the financial year 2022. Log in to see them here or sign up to get started. The gross profit margin decreased by 420 basis points to 44.0% (Q4 2021: 48.2%), mainly due to an industry-wide increase in promotional activity as a result of high inventory levels in the market. Puma for Puma's shares, up two-thirds in the last year, were down 2.9% at 0940 GMT. Company; Corporate News; Press Center; #REFORM; Investors; Sustainability . Puma Opportunities. Despite the strong growth in 2022, we continue to face a high degree of geopolitical, macroeconomic and commercial uncertainty. The success of our athletes in basketball has increased our credibility in the sport, an important part of our positioning in the North American market. The reasoning behind that is that Puma has to be smarter with its income. Get in touch with us now. Learn more about how Statista can support your business. Puma brand is very innovative and has a very rich Research and Development team. For 2023, we assume that there will be no further deterioration of the above mentioned factors and expect a normalization of market conditions in the U.S. and China. View real-time stock prices and stock quotes for a full financial overview. . 13.59% market share. Please enter a valid business email id. The PUMA share has been registered for the regulated market on German stock exchanges since 1986. In terms of organization, Arne Freundt was appointed as CEO and Chairman of the Management Board of PUMA SE in November. Puma said it has increasingly been reducing its dependence on imports and invested in local manufacturing, which helped the brand increase its local sourcing to 40% last year as compared with 31% two years ago. Puma's marketing strategy has been focused on understanding the needs of its public no matter where in the world it is. Pricey Adidas products are mostly expensive. Our partnership with LaMelo Ball has also been a great commercial success, with the introduction of his first signature shoe, MB.01, which quickly sold out in several styles and colors. 44% of the activewear buyers prefer shopping in-store. The show was curated by PUMA Creative Director June Ambrose, with special appearances by PUMA ambassadors such as Winnie Harlow, Kyle Kuzma, Davido and Usain Bolt. The sudden rise in CAGR is attributable to this market's demand and growth, returning to pre-pandemic levels once the pandemic is over. Research expert covering shopping behavior, sports and leisure retail, and the subscriptions and direct selling industry. For the fourth . At the start of 2023, a gender pay gap analysis, which was independently certified, showed that PUMA has closed the pay gap between men and women among its employees in Germany. A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. On a corporate level, we announced that we had reduced our own carbon emissions and those coming from our supply chain between 2017 and 2021, even though the business grew strongly in the same period. Profit from the additional features of your individual account. The important thing is that they've found out what works for their audience. Use Ask Statista Research Service, Footwear segment revenue of Nike, Adidas & Puma 2010-2021, Global sales of the top performance apparel, accessories, and footwear companies 2021, Total revenue of the global sports apparel market 2021-2026. As part of our biodegradability experiment RE:SUEDE, 500 volunteers in Germany tested an experimental version of our iconic SUEDE for half a year before returning the worn sneakers to us. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information [Online]. In addition, the PUMA Group had credit lines totaling 1,271.0 million as of December 31, 2022 (December 31, 2021: 1,322.0 million). , Mar 1, 2022. Following the split, Rudolf originally registered the newly established company as Ruda, but later changed the name to Puma. Puma's headquarter is in Herzogenaurach, Germany. The SWOT analysis of Puma SE outlines the business strengths used to successfully implement market penetration. Although in all is visibility campaigns Puma promotes their . Luckily, the recipe to figuring it out is pretty simple: A heavy pour of time, a dash of experimentation and a handful of paying attention. Where the hand of work is not as expensive as in other countries. The relationship between the two brothers deteriorated until they agreed to split in 1948, forming two separate entities, Adidas and Puma. 4(10.53%) and [5] [6] [7] PUMA Mission Statement We aim high, and when we score our goals, we aim even higher. web-and-application-servers category can also compare United States. companies). (4), Cloud Computing While the COVID-19 pandemic eased in Europe and the Americas, the situation in 2022 remained challenging in parts of Asia, especially in China, where our employees did an exceptional job despite the repeated lockdowns. web-and-application-servers are majorly from Puma uses a mix of demographic, geographic and psychographic segmentation strategies to understand the changing needs of the customers in the competitive market. The market capitalization of the PUMA Group rose accordingly from 10.2 billion at the end of the financial year 2019 to 13.8 billion at the end of the financial year 2020. Puma competes with Market Segmentation: By product type, the sportswear market is divided into footwear, apparel, and wearable. Our players Antoine Griezmann, Olivier Giroud and Raphal Varane were in Frances starting 8 line-up in the final. Are you interested in testing our business solutions? See our privacy policy for more information regarding Slintels "There's a lot of traction on sportswear now with women, younger consumers and sportswear . Price. The payout ratio for the financial year 2022 will be 34.7% (FY 2021: 34.8%) of the consolidated net earnings according to IFRS and is in line with PUMA SE's dividend policy, which foresees a payout ratio of 25% to 35% of consolidated net earnings. Please do not hesitate to contact me. According to Fortune Business Insights, the globalsportswear market sizeis expected to gain momentum by reaching USD 267.61 billion by 2028 from USD 170.94 billion in 2021 while exhibiting a CAGR . Let us now start by looking at Puma's price strategy. Statista assumes no We sold two exclusive NFTs (Non Fungible Tokens) as part of the event: A collectible NFT and another which could be exchanged for a pair of futuristic sneakers in the real world. In the . The purpose of Pumas content management system (CMS) is to ensure consistent branding and navigation are maintained across sub-sites and pages. Privacy Act (CCPA), please email [emailprotected]. Puma India managing director Abhishek Ganguly said the fastest growing segments were tier two and three markets and women's wear. The sports and activewear market segment is projected to increase to $13 billion by FY24 at an annual growth rate of about . Nike figures come from the company's annual report. Main purpose was to bring all theseparate sites into alignment to develop a single branding message across the globe and givemanagers the tool they need to concentrate their efforts. The increased passion for sports and outdoor recreational activities among the country's young population is predicted to fuel the demand for athleisure gear over the forecast . Market Share: Puma holds around 7% of the market share while its competitors like Nike has 31%, Adidas has 16% and Reebok has 6%. The working capital increased by 49.3% to 1,086.8 million (December 31, 2021: 727.9 million). "The mandate is that India is a super important market for us and we will support the entire ecosystem," Ganguly said. In Puma's case, it's harder because it can't invest for marketing purposes as much. liability for the information given being complete or correct. companies), 20 - 49 employees (6 Under Armour's sports apparel sales, which account for 14 percent of the U.S. market, expanded to more than twice that of Adidas apparel sales. The German sporting goods firm, a division of Keri FRANKFURT--A German court on Tuesday dismissed Adidas AG's attempt to stop rival Puma SE from using a shoe-sole technology similar to the one used in Adidas's popular "boost" series. Puma expects Greater China to return to growth in 2023, newly appointed Chief Executive Arne Freundt said at a news conference, adding its market share in the country was "significantly too low", especially compared with rivals Adidas and Nike. Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Mercedes-Benz Group (MBGAF Research Report) and PUMA SE NPV (PMMAF Research Report). 0.00% in Key events shows relevant news articles on days with large price movements, One of the most heavily traded stocks during the last trading session, Ownership of a fraction of a corporation and the right to claim a share of the corporation's assets and profits equal to the amount of stock owned, Headquartered in Herzogenaurach, Bavaria, Germany, The range between the high and low prices over the past day, The range between the high and low prices over the past 52 weeks. PUMA's retail sales increased by 6.4% currency-adjusted to 1,424.5 million in the financial year 2020. fall in the company size of Revenue figures for Nike were converted from USD to Euros at an exchange rate of 1 USD - 0.8201 Euros (May 31, 2021). In 2022, we unveiled our largest Web3 collaboration to date with 10KTF and launched PUMA and the Land of Games on the online gaming platform Roblox. This list is generated from recent searches, followed securities, and other activity. The exciting product range for 2023 and the very good feedback from retail partners as well as consumers make us confident for the mid- and long-term success and continued growth of PUMA. Bloomberg reported on Monday that Puma has overtaken Under Armour in share price performance. Puma, which competes aggressively with Nike and Reebok, said womenswear accounted for 28% sales, up from 24% a year ago. 0 Wall Street research analysts have issued 1-year price objectives for Puma's shares. Nginx with Puma. In the Netherlands, PSV Eindhoven won the Dutch Cup. Sporting goods earned the UK 554 million in sales in 2020. It is important for us to complement our international offer with products that have strong local relevance. In a report released today, Piral Dadhania from RBC Capital maintained a Buy rating on PUMA SE NPV (PMMAF - Research Report), with a price target of EUR65.00. View the latest Puma SE (PUM) stock price, news, historical charts, analyst ratings and financial information from WSJ. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly . The global sports footwear market size was USD 93.57 billion in 2020 and is projected to grow from USD 97.42 billion in 2021 to USD 134.99 billion in 2028 at a CAGR of 4.8% during the 2021-2028 period. Get in touch with us. Statista. 0 - 9 employees (19 Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. "Share of Puma's net sales worldwide in 2021, by segment." Working with ambassadors from culture, music and fashion also creates brand heat for PUMA and helps us to connect with our Gen Z audience. Intraday data delayed at least 15 minutes or per exchange requirements. In an open conversation about sustainability in our industry, our industry peers, activists, NGOs, experts and ambassadors joined Gen Z representatives on stage. LaMelo's Puma MB.01 sneaker recently propelled the brand as a major player within the secondary market, as searches for Puma have increased by 6,008% on StockX. FRANKFURT--German sporting goods company Puma SE (PUM.XE) on Wednesday raised its earnings outlook as strong sales helped lift its operating result 70% in the first quarter, according to a preliminary earnings statement. TIndicates the percentage of market accounted for by this technology in the Web And Application Servers category. PUMA x MARKET Men's Relaxed Crew Neck Top Putty. Business Intelligence & Analytics-Analytics. In a report released today, Piral Dadhania from RBC Capital maintained a Buy rating on PUMA SE NPV (PMMAF - Research Report), with a price target of EUR65.00. February 22, 2022. Top industries that use Puma for For our most loyal consumers we created our new PUMA Shopping App which offers virtual try-ons of selected products and a simple check-out process. We will respond in accordance with the CCPA. statistic alerts) please log in with your personal account. Share of Puma's net sales worldwide in 2021, by segment [Graph]. category are The category is a key part of its global strategy. As we can see, three dominant companies in sportswear: Nike, Adidas, and Puma have almost a similar brand strategy, but the targeting is a little bit different. In 2022, we also received several recognitions as an employer such as Company of the Year at the German Diversity Awards. This virtual environment was also used to launch a real product, Manchester Citys new third kit. Find which Puma customers are ready to buy from you by using Slintel's buying intent score. The companys high quality lines of performance apparel, athletic footwear, and sporting accessories appeal to a wide range of demographics. At my previous organization we used Zoominfo and LInkedIn Navigator for contact, Bombora for intent and DiscoverOrg for account info. puma.com's audience is 55.29% male and 44.71% female. - Nike's target market is Peacocks. Proposal of a Dividend of 0.82 per share. Please create an employee account to be able to mark statistics as favorites. The . Does Ford Puma Have Front Parking Sensors? As of February 2023 Under Armour has a market cap of $4.04 Billion . Learn more about how Statista can support your business. (3). 7.2 Global Sports Apparel Market Players by Market Share 8. Market share of the U.S. sports apparel and footwear market as . Then you can access your favorite statistics via the star in the header. Puma vs Apache It allows Puma to roll out local, regional, or global campaigns with ease.