Jump to content

Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at GolfWRX such as viewing all the images, interacting with members, access to all forums and eligiblility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE GolfWRX account here.

- - - - -

Puma being sold off?


  • Please log in to reply
11 replies to this topic

#1 Vespar

Vespar

    Member

  • Advanced Members
  • PipPipPip
  • 129 posts
  •  
  • Member #: 374037
  • Joined: 04/30/2015
  • Location:on the tee
  • Handicap:3.5
GolfWRX Likes : 76

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.


Remove This Advertisement Viewing As Guest

    GolfWRX Forums

    Advertisement


1

#2 J_Birdie

J_Birdie

    LOFT Issue

  • Advanced Members
  • PipPipPipPipPipPip
  • 1,603 posts
  •  
  • Member #: 386108
  • Joined: 07/15/2015
GolfWRX Likes : 698

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:
Cobra King F8+ (9.5D/weight forward) w/ Aldila NV 2KXV 60X 45"
Cobra Fly-Z+ 3W w/ Aldila Tour Blue 75X  42.75"
Cobra King F6 Baffler 5W Aldila Tour Blue 85X 41.5"
Taylormade P790 UDI 2i HZRDUS Black 6.0 85g 1* Up 18* loft
Srixon Z565 3i Project X HZRDUS Black 6.0 85g +1" 2* Up 22* loft
Srixon Z765 5-PW Project X 6.0 +.5" 1* Up
Cleveland RTX3 2-Dot 50* & 54* (bent to 55*) & 60*  Project X 7.0 +.5" 1* Up
Odyssey O-Works 7S Black with Superstroke GT 2.0 Pistol Grip 35"

2

#3 Quasimoto

Quasimoto

    Tour Winner

  • Advanced Members
  • PipPipPipPipPip
  • 726 posts
  •  
  • Member #: 104401
  • Joined: 03/07/2010
  • Handicap:?
GolfWRX Likes : 140

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 765 9.5 Miyazaki Kuala
Callaway Epic SZ 3+ Hzrdus
Callaway 3-6 Steelhead Hybrids Matrix F 15
Mizuno 7-P JPX900 Forged Nippon VPro 90
Mizuno 48 T7 Nippon Pro 105 & S18  51 54  57
Evenroll #5

3

#4 orion1123

orion1123

    Member

  • Advanced Members
  • PipPipPip
  • 90 posts
  •  
  • Member #: 486432
  • Joined: 11/09/2017
  • Location:Cleveland, OH
  • Handicap:10
  • Ebay ID:Orion1123
GolfWRX Likes : 22

Posted 12 January 2018 - 04:04 AM

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

4

#5 thecraw

thecraw

    Tour Winner

  • Advanced Members
  • PipPipPipPipPip
  • 946 posts
  •  
  • Member #: 195070
  • Joined: 07/27/2012
  • Location:Bonnie Scotland
GolfWRX Likes : 275

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.

Ping G400 LST driver - Speeder Evolution 569

Adams Tight Lies Titanium 3 wood - Diamana Whiteboard 80

Adams Tight Lies Hybrid 19 - Matrix Red Tie

Ping I e1 4-U Nippon 105

Nike Engage Toe Sweep 54 & 58

Cure RX5 putter

5

#6 Vespar

Vespar

    Member

  • Advanced Members
  • PipPipPip
  • 129 posts
  •  
  • Member #: 374037
  • Joined: 04/30/2015
  • Location:on the tee
  • Handicap:3.5
GolfWRX Likes : 76

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.

6

#7 Llortamaisey

Llortamaisey

    Hall of Fame

  • Advanced Members
  • PipPipPipPipPipPipPip
  • 5,475 posts
  •  
  • Member #: 11574
  • Joined: 02/09/2006
GolfWRX Likes : 2133

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.

7

#8 dlygrisse

dlygrisse

    Legend

  • Advanced Members
  • PipPipPipPipPipPipPipPip
  • 11,630 posts
  •  
  • Member #: 16702
  • Joined: 07/21/2006
  • Location:Kansas
GolfWRX Likes : 5835

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 X Hot 9w
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

8

#9 Quasimoto

Quasimoto

    Tour Winner

  • Advanced Members
  • PipPipPipPipPip
  • 726 posts
  •  
  • Member #: 104401
  • Joined: 03/07/2010
  • Handicap:?
GolfWRX Likes : 140

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 765 9.5 Miyazaki Kuala
Callaway Epic SZ 3+ Hzrdus
Callaway 3-6 Steelhead Hybrids Matrix F 15
Mizuno 7-P JPX900 Forged Nippon VPro 90
Mizuno 48 T7 Nippon Pro 105 & S18  51 54  57
Evenroll #5

9

#10 TheMoneyShot

TheMoneyShot

    ***FIGJAM = Twirl of Doom***

  • Advanced Members
  • PipPipPipPipPipPipPipPip
  • 27,261 posts
  •  
  • Member #: 40503
  • Joined: 10/06/2007
GolfWRX Likes : 3164

Posted 16 January 2018 - 06:37 PM

Sold off or not, these shoes look good.

http://bit.ly/2FIvjJD


Remove This Advertisement Viewing As Guest

    GolfWRX Forums

    Advertisement


10

#11 kujosit

kujosit

    Member

  • Advanced Members
  • PipPipPip
  • 77 posts
  •  
  • Member #: 46695
  • Joined: 01/22/2008
GolfWRX Likes : 27

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.

11

#12 cliche

cliche

    Tour Winner

  • Advanced Members
  • PipPipPipPipPip
  • 643 posts
  •  
  • Member #: 138469
  • Joined: 09/05/2011
  • Location:Planet Earth
  • Handicap:10
GolfWRX Likes : 125

Posted 17 January 2018 - 06:56 AM

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

12



0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users

GolfWRX Sponsors