Explore Puma
Core profile pages, annual revenue records, and related research hubs for this company.
Explore Puma
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 1948 in Herzogenaurach, Germany
Puma SE was founded in 1949 by Adi Founder after the Founder Brothers Shoe Factory split. The split also produced Puma, founded by Adi Founder, creating one of the most famous rivalries in sport and consumer brands.
Adi Dassler founded Puma after leaving the Dassler Brothers business following a bitter dispute with his brother Adolf. While Adolf was the quiet innovator, Adi was the extroverted salesman. He built Puma to directly compete with Adidas, famously paying Pelé to tie his Puma boots at the center of the pitch before the kickoff of a World Cup match.
Puma SE was officially registered on August 18, 1949, by Adolf 'Adi' Founder.
The name is a portmanteau of the founder's nickname 'Adi' and the first three letters of his last name 'Das' (Founder).
Before WWII, Adi and his brother Adi ran a highly successful shoe company together. A bitter, never-resolved feud caused them to split the company in 1948. Adi formed Puma SE, and Adi crossed the river to form Puma.
Yes, in 1936, Adi Founder drove to the Olympic village and convinced American track star Jesse Owens to wear his handmade spiked shoes, launching the Founder shoes into global prominence when Owens won four gold medals.
Adi Founder first used the signature branding in 1949 to stabilize the shoe, but it quickly became the company's iconic, globally recognized trademark, known as 'the brand with the 3 stripes'.