Sportswear retailer Puma has appointed Karthik Balagopalan as the new Managing Director of PUMA India. He formerly served as the company's Global Director Retail and e-commerce, and he will succeed Abhishek Ganguly, who has been the Managing Director of PUMA India since 2014. Ganguly is set to pursue a career as an entrepreneur in his own venture. Balagopalan will report to Puma CEO Arne Freundt and will be based in Bengaluru.
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Balagopalan has been with the company since 2006. Prior to leading PUMA’s global DTC business, he held management positions in retail operations and business development at Puma India. India has been one of the fastest-growing markets for the brand.
About the PUMA:
Puma is a globally recognized sportswear and lifestyle brand that traces its roots back to the mid-20th century. Puma was founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany. Rudolf Dassler, the creator of Adidas, was Rudolf's brother. The two brothers had founded it together. Puma is a well-known international firm that creates, manufactures, and sells athletic clothing, footwear, and accessories. The company is headquartered in Herzogenaurach, Germany.