Categories: Appointments

Puma appoints Karthik Balagopalan as new MD for India

Sportswear retailer Puma has appointed Karthik Balagopalan as the new Managing Director of PUMA India. He earlier served as Global Director Retail and e-commerce at the company. He will succeed Abhishek Ganguly, who worked for PUMA’s Indian business for 17 years and 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.

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.

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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 was the brother of Adolf Dassler, the founder of Adidas. The two brothers had jointly established. Puma is a renowned multinational corporation that designs, manufactures, and markets sportswear, footwear, and accessories. The company is headquartered in Herzogenaurach, Germany.

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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