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Video Introduction:
In 2006, Puma was the last to enter the Indian market and began with a modest revenue of just ₹22 crore in 2006. and during the same time, Nike was at 99cr adidas was at 186 and Reebok was a giant with 354cr in revenue.
But you know what? Fast forward to 2020. In the next 13 years, the Big Cat has raced way ahead of its Giant competitors! As of 2020,While Reebok was at 407cr, adidas was 1250cr, nike was at 831 cr whereas Puma was at insane mark of 1413cr in revenue! And not just that puma has also been consistently profitable over the years in India. So the question is how did Puma beat the likes of Adidas, Nike and Reebok?
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#thinkschool #puma #pumavsadidas #pumavsnike Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.