![An employee tidies up shoes 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 An employee tidies up shoes 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](https://c8.alamy.com/comp/2E7B9D5/an-employee-tidies-up-shoes-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-2E7B9D5.jpg)
An employee tidies up shoes 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
![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)
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
![People sit under a Puma sign at the 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 People sit under a Puma sign at the 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](https://c8.alamy.com/comp/2D2HXF8/people-sit-under-a-puma-sign-at-the-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-2D2HXF8.jpg)
People sit under a Puma sign at the 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
![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/DAWPWD/puma-senior-designer-gavin-ivester-poses-with-puma-shoes-at-the-groups-DAWPWD.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
![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)