Home / Knowledge / News / Apparel/Garments / PUMA buys Dutch licensee Dobotex
PUMA buys Dutch licensee Dobotex
20
May '11
The Sportlifestyle company PUMA announces that it will acquire 100% of its Dutch licensee Dobotex, which develops, produces and distributes PUMA socks and bodywear. PUMA currently holds 50.1% of Dobotex' shares and will acquire the remaining stake on the 1st of January 2012.

PUMA's acquisition is a friendly offer, which has the full support of the Dobotex Management team and includes the Dobotex Company as well as Dobologic, its logistics branch. The full takeover will provide the perfect basis for further market expansion as well as for the increased efficiency of the Dobotex organisation.

Nina Nix, PUMA's Global Director Accessories & Licensing, has been appointed as the new General Manager of Dobotex. She will take up her new position on the 1st of January 2012. "PUMA and Dobotex have a long and successful history and we are proud that Dobotex will be 100% part of the PUMA group," said Nina Nix.

"Dobotex is a true product expert and offers a leading service proposition in its field of activity. Whilst further fostering synergies, especially in the global expansion of sales and distribution, Dobotex remains an independent company. I very much look forward to working with the Dobotex team and to contribute to the continued growth of Dobotex."

Current Dobotex' managing director Jeroen van Dooren said: "PUMA taking over the remaining shares as of January 1st 2012 and Nina Nix taking over the reins of the company could not have come at a better time, and is coupled with a well prepared management team looking to execute Dobotex' ambitions for market expansion."

Dobotex, which is located in s'Hertogenbosch in the Netherlands, was founded in 1979 and signed the first license agreement with PUMA for socks in 1997. As of January 1, 2009, PUMA became a majority shareholder of Dobotex and hence the market leader in the sports socks category in Europe.

PUMA AG


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Lynda Kelly
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search