Sportswear manufacturer Puma did well out of the Jamaican team at the Olympics. After his world-record 100 metres race, Usain Bolt took off his Pumas and showed them off to the crowd at the Bird's Nest. Bolt and his Jamaican teammates bagged six gold, three silver and two bronze medals, bringing major exposure for the German brand.
Puma sponsored just three delegations at the Olympic Games. But rival Adidas, an official Games sponsor, spent US$189.98 million on 16 teams, including the podium uniforms for China's 100 medallists. China Daily reporter Tong Hao spoke with Jochen Zeitz, chief executive officer (CEO) and board chairman of Puma, about Olympic sponsorship and the Chinese market.
Q: How does Puma position itself? And how does it handle the relationship between sportswear and fashion?
A: Puma is always about both, just like we stand and walk with two legs. We are the first brand c****ining both in a unique way.
Take football for example. One side is high performance, such as Italy winning the world championship, but we also have a stylish interpretation. Whatever we do, we always keep sport in mind and then interpret it in a stylish and fashionable way.
Q: Could Puma lose its personality by trying to incorporate too many concepts?
A: I think it is the opposite. What you and I wear, as consumers, is an expression of our personalities. We don't want to wear something that doesn't look good or isn't well designed. Consumers want to buy products that perform well but also look fashionable and exciting. Therefore, expression of personality is to do with colours, the cuts, styling and the overall fashion.
Q: Puma and Adidas are now rivals in the Chinese market. Where does Puma's confidence come from when competing with Adidas in China?
A: During the past 15 years, we have brought Puma from a small brand to one of the top three brands globally. We are now the most profitable brand. Although we only became a major player in China three years ago, we are very confident we will speed up our development. In the last couple of years, we have already made good progress, and the potential is still ahead of us.
Q: Chinese sportswear manufacturers such as Li-Ning and Anta are developing rapidly. How is Puma tackling the challenge from Chinese rivals?
A: They are local brands doing well not only in China, but also in the global market. We are in a more premium position. We have global sports heritage c****ined with great styling. We think we are definitely one of the international brands with a local reputation in terms of products and models. We compete on a higher level.
Q: What does Puma expect from the Chinese market?
A: Our perspective is a long-term perspective. We will have to see how the market develops over the next 12 months, though leading into the Olympics it's obviously been very positive. We will consolidate our business and take a few risks before the next growth phase comes. But in the long run, we definitely see lots of potential.
Q: What's Puma's marketing strategy after the Beijing Games?
A: Bolt will play a role in our communication. We want to emphasise the specialties of the Chinese market. That is also why we developed Beijing Opera masks for our athletes in our Olympic campaigns.
We want to bring local and international elements into our communication. For example, we had Formula One come to Shanghai in 2004 and we will have the Volvo Ocean Race come to Qingdao in 2009. We will continue to open more stores.
scuppo said
12:46 09/12 2008
puma..
dappa75 said
23:34 09/12 2008
well a money mek the world go round, keep the club turning like a merrgy go round well mi see mi nuff money inna Bolts future
Usain Bolt - file
Sportswear manufacturer Puma did well out of the Jamaican team at the Olympics. After his world-record 100 metres race, Usain Bolt took off his Pumas and showed them off to the crowd at the Bird's Nest. Bolt and his Jamaican teammates bagged six gold, three silver and two bronze medals, bringing major exposure for the German brand.
Puma sponsored just three delegations at the Olympic Games. But rival Adidas, an official Games sponsor, spent US$189.98 million on 16 teams, including the podium uniforms for China's 100 medallists. China Daily reporter Tong Hao spoke with Jochen Zeitz, chief executive officer (CEO) and board chairman of Puma, about Olympic sponsorship and the Chinese market.
Q: How does Puma position itself? And how does it handle the relationship between sportswear and fashion?
A: Puma is always about both, just like we stand and walk with two legs. We are the first brand c****ining both in a unique way.
Take football for example. One side is high performance, such as Italy winning the world championship, but we also have a stylish interpretation. Whatever we do, we always keep sport in mind and then interpret it in a stylish and fashionable way.
Q: Could Puma lose its personality by trying to incorporate too many concepts?
A: I think it is the opposite. What you and I wear, as consumers, is an expression of our personalities. We don't want to wear something that doesn't look good or isn't well designed. Consumers want to buy products that perform well but also look fashionable and exciting. Therefore, expression of personality is to do with colours, the cuts, styling and the overall fashion.
Q: Puma and Adidas are now rivals in the Chinese market. Where does Puma's confidence come from when competing with Adidas in China?
A: During the past 15 years, we have brought Puma from a small brand to one of the top three brands globally. We are now the most profitable brand. Although we only became a major player in China three years ago, we are very confident we will speed up our development. In the last couple of years, we have already made good progress, and the potential is still ahead of us.
Q: Chinese sportswear manufacturers such as Li-Ning and Anta are developing rapidly. How is Puma tackling the challenge from Chinese rivals?
A: They are local brands doing well not only in China, but also in the global market. We are in a more premium position. We have global sports heritage c****ined with great styling. We think we are definitely one of the international brands with a local reputation in terms of products and models. We compete on a higher level.
Q: What does Puma expect from the Chinese market?
A: Our perspective is a long-term perspective. We will have to see how the market develops over the next 12 months, though leading into the Olympics it's obviously been very positive. We will consolidate our business and take a few risks before the next growth phase comes. But in the long run, we definitely see lots of potential.
Q: What's Puma's marketing strategy after the Beijing Games?
A: Bolt will play a role in our communication. We want to emphasise the specialties of the Chinese market. That is also why we developed Beijing Opera masks for our athletes in our Olympic campaigns.
We want to bring local and international elements into our communication. For example, we had Formula One come to Shanghai in 2004 and we will have the Volvo Ocean Race come to Qingdao in 2009. We will continue to open more stores.
-- Edited by dappa75 at 00:36, 2008-09-13