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Puma being sold off?


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#1 Vespar

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Posted 11 January 2018 - 10:41 PM

Kering the parent company of Puma is selling off the company to share holders. Kering currently owns 86% of Puma and in the end will own 16%.

No news has been announced regarding Cobra, BTW this is the first month that allows Kering to sell or dissolve Puma, up  until now they have been unable to do as part of the terms and conditions of the purchase agreement of PUma/cobra.

what happens to Puma next, well only time will tell but this is a pretty unusual move by a parent company. Most companies would just out right sell it to another company or group. Probably no buyer for the golf portion of the business (apparel and footwear) their footwear has turned into a bit player of urban lifestyle catagory. Puma soccer cleats market share has been depleted by adidas, UA, Nike and a couple of others.


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#2 J_Birdie

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Posted 11 January 2018 - 11:01 PM

Puma has been doing well of late, I donít think this will have much effect on Cobra or PumaCobra Golf. But who knows
What's in my bag:
Srixon Z785 9.5* w/ Tensei Pro Orange 70TX 45.25"
Cobra Fly-Z+ 3W w/ Aldila Tour Blue 75X  42.75"
Taylormade P790 UDI 2i HZRDUS Black 6.0 85g 1* Up 18* loft
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#3 Quasimoto

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Posted 11 January 2018 - 11:34 PM

Well, I hope the new owners continue the same path the company is on right now with golf clothing.
I happen to think they have the best quality and design in golf attire for the price (which is on par with Nike and Adidas)
Srixon 785 9.5 HC HZRDUS 6.0
Callaway Epic SZ 3+ Hzrdus
Taylormade GAPR Hi 3,4,5
Srixon z785 6-AW Nippon Tour 105
Mizuno S18  51 54  57 Nippon Tour 105
Evenroll #5; Bettinardi Queen Bee #9
TM TP5x, Bridgestone 330 RX, Titleist AVX

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#4 orion1123

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Posted 12 January 2018 - 04:04 AM

I hope nothing changes.. I love their golf shoes and clothing

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#5 thecraw

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Posted 12 January 2018 - 09:03 AM

Golf shoe wise Puma are the only shoes that have genuinely kept my feet 100% dry over here on the wet'n'windy west coast of Scotland. Had FJ, Skechers, Adidas, Nike, Ecco etc.

Puma wins hands down and they are dam comfortable too.

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Ping G 5 wood - Diamana Whiteboard 80

Ping G400 3 Crossover - 19

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#6 Vespar

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Posted 12 January 2018 - 10:08 PM

View PostQuasimoto, on 11 January 2018 - 11:34 PM, said:

Well, I hope the new owners continue the same path the company is on right now with golf clothing.
I happen to think they have the best quality and design in golf attire for the price (which is on par with Nike and Adidas)

The new owners are stock holders, not another company.

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#7 Llortamaisey

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Posted 12 January 2018 - 10:18 PM

I’m really surprised they haven’t been able to find a buyer for cobra after all this time.

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#8 dlygrisse

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Posted 12 January 2018 - 10:20 PM

View PostLlortamaisey, on 12 January 2018 - 10:18 PM, said:

I’m really surprised they haven’t been able to find a buyer for cobra after all this time.
Why?  Have you seen their profit and loss statement?
Callaway GBB
Callaway V Series 3w, HW
Callaway Steelhead 4 hybrid
Ping G 4-U
Ping Glide 2.0 Stealth 54* SS
Vokey 58 M grind
Odyssey Pro #1 black
Jones Utility
Ball, KSig or a bunch of ProV's I won in a charity scramble.  
ECCO Biom Hybrid 3

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#9 Quasimoto

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Posted 13 January 2018 - 09:57 PM

View PostVespar, on 12 January 2018 - 10:08 PM, said:

View PostQuasimoto, on 11 January 2018 - 11:34 PM, said:

Well, I hope the new owners continue the same path the company is on right now with golf clothing.
I happen to think they have the best quality and design in golf attire for the price (which is on par with Nike and Adidas)

The new owners are stock holders, not another company.

True, however they now have operating control which they did not before.
Hence, I refer to them as new owners - possibly somewhat a loose interpretation, nevertheless decision makers have changed.
Srixon 785 9.5 HC HZRDUS 6.0
Callaway Epic SZ 3+ Hzrdus
Taylormade GAPR Hi 3,4,5
Srixon z785 6-AW Nippon Tour 105
Mizuno S18  51 54  57 Nippon Tour 105
Evenroll #5; Bettinardi Queen Bee #9
TM TP5x, Bridgestone 330 RX, Titleist AVX

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#10 TheMoneyShot

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Posted 16 January 2018 - 06:37 PM

Sold off or not, these shoes look good.

http://bit.ly/2FIvjJD


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#11 kujosit

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Posted 17 January 2018 - 12:23 AM

Stating the obvious but Puma clothes and shoe style are more edgy.  This differentiate them from the other brands.  Having Fowler as an ambassador doesn't hurt.  I hope they turn the corner soon.

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#12 cliche

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Posted 17 January 2018 - 06:56 AM

i doubt that puma/cobra is making any money out of golf

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