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Adidaas Asia Pacific MD Jim Stutts had these remarks to make. "Tarun
brings with him passion, energy, intellect and more than 20 years
of global marketing experience. I am confident that under his leadership,
we would be able to further leverage and support growth opportunities
in the newly-established South East Asia Region."
The release adds that Kunzru joined Adidas India as the MD four
years ago and was able to build the brand to the market leading
position. Prior to joining the company he had worked with beverage
conglomerate Pepsi Cola International for 10 years on both country
and regional levels. In his new role in Adidas, Kunzru will continue
to report to Stutts.
Kunzru said, "I am excited by the potential of these six countries
- India, Thailand, Malaysia, Singapore, Indonesia and Philippines.
Through maximising this potential, we are confident of being one
of the fastest growing areas in the years to come."
With total net sales of 6.5 billion euros in 2002, Adidas-Salomon
claims to be a global leader in the sporting goods industry and
offers the broadest portfolio of products. In the first half of
this year sales in Asia increased a currency-neutral eight per cent
to reach € 509 million.
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