Puma AG

PUMA AG is a large German-based multinational company that produces shoes and other sportswear.

Related Topics:
German - Company - Shoes - Sportswear

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The company was founded in 1924 as Gebrüder Dassler Schuhfabrik in Herzogenaurach, Germany by Rudolf Dassler, the brother of Adolf "Adi" Dassler, who founded competitor adidas. The company now operates a virtualized corporate structure, using electronic communications to disperse the organization across the globe.

Related Topics:
1924 - Herzogenaurach - Rudolf Dassler - Adolf "Adi" Dassler - Adidas

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The company changed its name to PUMA Schuhfabrik Rudolf Dassler in 1948, and became a stock corporation in 1986, offered on the Munich and Frankfurt stock exchanges.

Related Topics:
1948 - 1986 - Munich - Frankfurt - Stock exchange

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Today, PUMA AG has approximately 3,200 employees and distributes its products in more than 80 countries. For the fiscal year 2003, the company had a revenue of ?1,274 million.

Related Topics:
2003 - ?

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Puma shoe and clothing are still very popular in the hip-hop and graffiti subcultures, inside and outside the United States. Like adidas, Puma is considered part of the old school hip-hop and graffiti culture of the 1970s and 1980s.

Related Topics:
Hip-hop - Graffiti - United States - Adidas - 1970s - 1980s

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