![Puma-CEO Jochen Zeitz is pictured during the balance press conference of the German shoes and sportswear company in Nuremberg, Germany, 18 February 2009. The world?s third largest manufacturer of sports equipment suffered Puma-CEO Jochen Zeitz is pictured during the balance press conference of the German shoes and sportswear company in Nuremberg, Germany, 18 February 2009. The world?s third largest manufacturer of sports equipment suffered](https://c8.alamy.com/comp/D4JM8H/puma-ceo-jochen-zeitz-is-pictured-during-the-balance-press-conference-D4JM8H.jpg)
Puma-CEO Jochen Zeitz is pictured during the balance press conference of the German shoes and sportswear company in Nuremberg, Germany, 18 February 2009. The world?s third largest manufacturer of sports equipment suffered
![Jochen Zeite, CEO of Puma AG, in a Puma shop in Nuremberg, Bavaria, Germany, Europe Stock Photo - Alamy Jochen Zeite, CEO of Puma AG, in a Puma shop in Nuremberg, Bavaria, Germany, Europe Stock Photo - Alamy](https://c8.alamy.com/comp/B7A5JG/jochen-zeite-ceo-of-puma-ag-in-a-puma-shop-in-nuremberg-bavaria-germany-B7A5JG.jpg)
Jochen Zeite, CEO of Puma AG, in a Puma shop in Nuremberg, Bavaria, Germany, Europe Stock Photo - Alamy
![Puma CEO Jochen Zeitz checks his watch to begin the company's balance press conference in Nuremberg, Germany, 26 February 2008. The sports goods producer expects a growth in sales in the one-digit Puma CEO Jochen Zeitz checks his watch to begin the company's balance press conference in Nuremberg, Germany, 26 February 2008. The sports goods producer expects a growth in sales in the one-digit](https://c8.alamy.com/comp/D4CWYX/puma-ceo-jochen-zeitz-checks-his-watch-to-begin-the-companys-balance-D4CWYX.jpg)
Puma CEO Jochen Zeitz checks his watch to begin the company's balance press conference in Nuremberg, Germany, 26 February 2008. The sports goods producer expects a growth in sales in the one-digit
![Belts are pictured in the Puma factory outlet store in Herzogenaurach near Nuremberg April 10, 2007. French retailer PPR on Tuesday made a 5.3 billion euro ($7.07 billion) bid to hitch German Belts are pictured in the Puma factory outlet store in Herzogenaurach near Nuremberg April 10, 2007. French retailer PPR on Tuesday made a 5.3 billion euro ($7.07 billion) bid to hitch German](https://c8.alamy.com/comp/2D1BN12/belts-are-pictured-in-the-puma-factory-outlet-store-in-herzogenaurach-near-nuremberg-april-10-2007-french-retailer-ppr-on-tuesday-made-a-53-billion-euro-707-billion-bid-to-hitch-german-sportswear-company-puma-to-its-line-up-of-gucci-and-yves-saint-laurent-iconic-fashion-brands-reutersmichaela-rehle-germany-2D1BN12.jpg)
Belts are pictured in the Puma factory outlet store in Herzogenaurach near Nuremberg April 10, 2007. French retailer PPR on Tuesday made a 5.3 billion euro ($7.07 billion) bid to hitch German
![Puma senior designer Gavin Ivester poses with Puma shoes at the group's brand centre in Nuremberg, Germany, 22 May 2007. Ivester reduced his designing hours for he is also Senior VP and Puma senior designer Gavin Ivester poses with Puma shoes at the group's brand centre in Nuremberg, Germany, 22 May 2007. Ivester reduced his designing hours for he is also Senior VP and](https://c8.alamy.com/comp/DAWR57/puma-senior-designer-gavin-ivester-poses-with-puma-shoes-at-the-groups-DAWR57.jpg)
Puma senior designer Gavin Ivester poses with Puma shoes at the group's brand centre in Nuremberg, Germany, 22 May 2007. Ivester reduced his designing hours for he is also Senior VP and
![Jochen Zeitz, CEO of German sports goods firm Puma prepares himself before a news conference with PPR in Nuremberg April 12, 2007. French retailer PPR said it has not set a minimum Jochen Zeitz, CEO of German sports goods firm Puma prepares himself before a news conference with PPR in Nuremberg April 12, 2007. French retailer PPR said it has not set a minimum](https://c8.alamy.com/comp/2D1EPT0/jochen-zeitz-ceo-of-german-sports-goods-firm-puma-prepares-himself-before-a-news-conference-with-ppr-in-nuremberg-april-12-2007-french-retailer-ppr-said-it-has-not-set-a-minimum-acceptance-threshold-for-its-bid-to-take-over-german-sportswear-group-puma-ppr-said-on-thursday-reutersmichaela-rehle-germany-2D1EPT0.jpg)
Jochen Zeitz, CEO of German sports goods firm Puma prepares himself before a news conference with PPR in Nuremberg April 12, 2007. French retailer PPR said it has not set a minimum
![CEO of Puma AG, Jochen Zeitz, speaks at the Puma general meeting in Nuremberg, Germany, 13 May 2009. Sports goods producer Puma has stagnated in its increase and hopes for a boost CEO of Puma AG, Jochen Zeitz, speaks at the Puma general meeting in Nuremberg, Germany, 13 May 2009. Sports goods producer Puma has stagnated in its increase and hopes for a boost](https://c8.alamy.com/comp/D4KNRD/ceo-of-puma-ag-jochen-zeitz-speaks-at-the-puma-general-meeting-in-D4KNRD.jpg)