Puma is a major sportswear company founded in Germany in 1924. It started when brothers Adolf and Rudolf Dassler began making shoes together, but Rudolf later left to form rival company Puma in 1948. Puma is known for its logo featuring a leaping black panther and for sponsoring major sporting events. It employs over 9,000 people worldwide and distributes products to more than 80 countries. While facing strong competition from rivals like Nike and Adidas, Puma focuses on areas like football, running, and motorsports equipment. It looks to diversify its product range and uses brand ambassadors, advertising, and CSR initiatives to strengthen its position in the market.