![Nuremberg, Germany. 21st Nov, 2017. The CEOs of adidas, Kasper Rorsted (R), and Puma, Bjoern Gulden, stand next to each other prior to a joint panel discussion of the 'Nuremberg News' in Nuremberg, Germany. 21st Nov, 2017. The CEOs of adidas, Kasper Rorsted (R), and Puma, Bjoern Gulden, stand next to each other prior to a joint panel discussion of the 'Nuremberg News' in](https://c8.alamy.com/comp/KHYREP/nuremberg-germany-21st-nov-2017-the-ceos-of-adidas-kasper-rorsted-KHYREP.jpg)
Nuremberg, Germany. 21st Nov, 2017. The CEOs of adidas, Kasper Rorsted (R), and Puma, Bjoern Gulden, stand next to each other prior to a joint panel discussion of the 'Nuremberg News' in
![A customer looks at some 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 hitch German sportswear company Puma to its line-up of Gucci ... A customer looks at some 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 hitch German sportswear company Puma to its line-up of Gucci ...](https://c8.alamy.com/zooms/6/4958c1c3ff594627aef58a8d88bcb9f4/2d2pxxm.jpg)
A customer looks at some 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 hitch German sportswear company Puma to its line-up of Gucci ...
![An employee arranges 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 hitch An employee arranges 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 hitch](https://c8.alamy.com/comp/2D151PR/an-employee-arranges-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-2D151PR.jpg)