Home / Knowledge / News / Apparel/Garments / PUMA establishes 100% subsidiary in Israel
PUMA establishes 100% subsidiary in Israel
16
May '12
The Sportlifestyle company PUMA announces that it has established a 100% owned subsidiary in Israel in order to be able to exercise full control of its business activities there. PUMA Israel will begin operations on January 1st, 2013.

Guy Daneman has been appointed as the General Manager with immediate effect. Grundman Sports Co., PUMA's current distributor, will continue to operate the business until December 31st, 2012.

The new subsidiary will continue to strengthen PUMA's position in the EMEA region, ensuring that the Sportlifestyle company taps into the potential that the Israeli market offers.

PUMA plans to open PUMA stores in strategic locations as of 2013, and will be in sole charge of driving growth and harnessing opportunities in Israel as part of PUMA's five-year growth strategy “Back on the Attack”.

PUMA AG

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search