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PUMA AIMS FOR NUMBER 3 SLOT IN INDIA, TO OPEN EXCLUSIVE STORES.

AsiaPulse News

| April 03, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MUMBAI, April 3 Asia Pulse - Aiming to position itself as the number three brand in sportslifestyle sector in the Indian market, German company Puma on Friday said it would open exclusive stores in the country starting from the second quarter of 2006.

"Our primary aim would be to establish the presence of our brand in India and then look into the financial performances," Puma's general manager in charge of Eastern Europe, the Middle East and Africa, Martin Bowen, who was here to announce the launch of some products, told reporters here.

However, he declined to divulge the market share it aimed to grab.

Puma opened its 100 per cent subsidiary in January this year in Bangalore.

"Puma would try to ...

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