Puma was founded in 1948 by Rudolf Dassler after splitting from his brother's company Adidas. It is now a major global brand distributing products to over 120 countries. Some key points:
- Puma is known for its marketing through major sponsorships like Usain Bolt and FIFA World Cup. It invests heavily in research and development.
- Revenue depends heavily on footwear sales. It aims to expand into new product categories like lifestyle apparel.
- Major competitors are Adidas and Nike. Puma focuses on sports like football and running while continuing to diversify its product range.