Who owns Puma?

Puma is a German multinational corporation that designs and manufactures athletic and casual footwear, apparel, and accessories. It is the third largest sportswear manufacturer in the world.

In 1924, Rudolf Dassler and his brother Adolf formed the company Dassler Brothers Shoe Factory. The brothers could not agree on business practices and the two agreed to split in 1948 and create two separate business entities, Adidas and Puma.

In 1948, in the first soccer match after World War II, several members of West Germany teamwork Puma boots. In 1952, Josy Barthel, the winner of the 1500-meter run, was wearing Pumas. Puma became a household name and continued to grow and expand its portfolio and became a publicly traded company in 1986.

Puma is headquartered in Herzogenaurach, Germany, and is ranked as one of the top shoe brands with Adidas and Nike. As of 2017, Puma employs more than 13,000 people worldwide and distributes products to more than 120 countries. The company has small corporate offices around the world including:

• Somerville, Massachusetts

• Hong Kong, China

• Ho Chi Minh City, Vietnam

In 2021, Puma reported revenues of 6.8 billion euros and an operating income of 0.557 billion euros.