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Puma to launch mobile phone

Marketing

Puma to launch mobile phone

06.10.2009
As part of its diversification strategy, Puma is to launch a mobile phone in the second quarter of 2010.

The sportswear company has signed a licence agreement with French mobile phone manufacturer Sagem Wireless.

According to Puma, the agreement is in line with its strategy to move into new categories that complement its range of sport and lifestyle footwear, apparel and accessories. In a statement, it said: “Puma’s entry into mobile leverages its innovative brand and design skill to improve user experience and connect its community.”

The phone will be sold globally in Puma’s own stores and through operators.

The company has also granted licences for the production of body-wear, socks, personal care products, eye-wear, watches and bikes.

 

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