![Herzogenaurach, Germany. 01st Mar, 2023. Red flags with the Puma logo are waving in the wind. The eternal competition between the sporting goods manufacturers in the Franconian province has a new punch Herzogenaurach, Germany. 01st Mar, 2023. Red flags with the Puma logo are waving in the wind. The eternal competition between the sporting goods manufacturers in the Franconian province has a new punch](https://c8.alamy.com/comp/2NXG66X/herzogenaurach-germany-01st-mar-2023-red-flags-with-the-puma-logo-are-waving-in-the-wind-the-eternal-competition-between-the-sporting-goods-manufacturers-in-the-franconian-province-has-a-new-punch-line-puma-has-overtaken-its-local-rival-adidas-in-terms-of-profit-with-a-good-third-of-sales-credit-daniel-vogldpaalamy-live-news-2NXG66X.jpg)
Herzogenaurach, Germany. 01st Mar, 2023. Red flags with the Puma logo are waving in the wind. The eternal competition between the sporting goods manufacturers in the Franconian province has a new punch
![Herzogenaurach, Germany. 01st Mar, 2023. Portrait of Arne Freundt, CEO at Puma, with Puma logo in the background. The eternal competition between the sporting goods manufacturers in the Franconian province has a Herzogenaurach, Germany. 01st Mar, 2023. Portrait of Arne Freundt, CEO at Puma, with Puma logo in the background. The eternal competition between the sporting goods manufacturers in the Franconian province has a](https://c8.alamy.com/comp/2NXFY82/herzogenaurach-germany-01st-mar-2023-portrait-of-arne-freundt-ceo-at-puma-with-puma-logo-in-the-background-the-eternal-competition-between-the-sporting-goods-manufacturers-in-the-franconian-province-has-a-new-punch-line-puma-has-overtaken-its-local-rival-adidas-in-terms-of-profit-with-a-good-third-of-sales-credit-daniel-vogldpaalamy-live-news-2NXFY82.jpg)
Herzogenaurach, Germany. 01st Mar, 2023. Portrait of Arne Freundt, CEO at Puma, with Puma logo in the background. The eternal competition between the sporting goods manufacturers in the Franconian province has a
![Herzogenaurach, Germany. 01st Mar, 2023. Portrait of Arne Freundt, CEO at Puma, with Puma logo in the background. The eternal competition between the sporting goods manufacturers in the Franconian province has a Herzogenaurach, Germany. 01st Mar, 2023. Portrait of Arne Freundt, CEO at Puma, with Puma logo in the background. The eternal competition between the sporting goods manufacturers in the Franconian province has a](https://c8.alamy.com/comp/2NXFY8P/herzogenaurach-germany-01st-mar-2023-portrait-of-arne-freundt-ceo-at-puma-with-puma-logo-in-the-background-the-eternal-competition-between-the-sporting-goods-manufacturers-in-the-franconian-province-has-a-new-punch-line-puma-has-overtaken-its-local-rival-adidas-in-terms-of-profit-with-a-good-third-of-sales-credit-daniel-vogldpaalamy-live-news-2NXFY8P.jpg)
Herzogenaurach, Germany. 01st Mar, 2023. Portrait of Arne Freundt, CEO at Puma, with Puma logo in the background. The eternal competition between the sporting goods manufacturers in the Franconian province has a
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