Puma
PUMA TRAINERS
People are well aware of the most up-to-date trend and fashion. This is the reason they are opting for Puma products because PUMA AG gives quality with style.
Puma is a German based company which was founded by Rudolf Dassler in the year 1924. The two brothers, Rudolf Dassler and Adolf Dassler, started to produce shoes at their home in the kitchen, at a very small scale. Their products were appreciated by the people so they launched a company where these shoes could be manufactured at a larger scale. After some time both the brothers split up and so Adolf Dassler came up with ADIDAS and Rudolf Dassler came up with PUMA AG.
PUMA is well known for its wide collection of football shoes that are also admired by the international players like Enzo Francescoli, Pele, Lothar Matthaus, Diego Maradona and Eusebio to name a few. Puma is best identified for its official apparel in Australia within Sydney Swans, Brisbane Lions, Australian Rules Football League and many more.
Status of Puma
Puma earned revenue of 1.280 billion dollars in the year 2003 to 2004. Moreover the brand has more than eight thousand employees working under it. After some time Puma collaborated with Mihara Yasuhiro to manufacture high quality shoes and now they have become the foremost choice of people.
The share price of Puma sky rocketed and rose by more than 10 %, with the actual rise in 29.25 euro leaving the share price at 315.24 euros. As Pinault Printemps Redoute, brand owner of Gucci, announced the buyout of Puma's 27% stake on April 10 2007, the share price went on for surge and the French retailer cleared ways for a complete takeover. The 5.3 billion euro Puma deal is valued at 330 euro per share by PPR, and the company said that it would be a friendly takeover. The complete takeover shall take place after the smaller acquisition process is complete. Puma, after this takeover, shall remain an individual company and not a subsidiary of PPR. The Puma Board welcomed this move saying that it was in the organizations interest. On July 17 2007, PPR held 62.1 % Puma shares.
Puma Online
The website of Puma also offers a wide range of products from where you can select shoes, trainers, sports equipments, clothing and even vehicles of your own choice. Puma devotes itself completely for the betterment and comfort of its customer. So next time when you want to opt for a new pair of shoes, do not forget to try on this exclusive brand.