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Puma by ScribdTranslations is a document available to read on EtoBox.
What is Puma about?
Puma, a German sportswear company, faced significant market challenges in the 1980s due to competition from Adidas, Nike, and Reebok, leading to a loss of market share and innovation. In response, Puma repositioned itself by targeting young urban consumers interested in health and fashion, shifting from discount to premium channels and enhancing product offerings. This strategic pivot, including collaborations with fashion designers and successful marketing campaigns, allowed Puma to regain market presence
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