Who is Nike owned by?Ĥ The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. By using this symbol Puma summarized the feature of its product. The logo of sportswear brand Puma has an image of a leaping Puma, which is also called a cougar, a panther that is active both day and night and jump upto 20 feet high. Having bought Reebok back in 2005 for a cool $3.8 billion, the specifics of this deal have not been made public yet, but it is confirmed that PUMA will become yet another lifestyle division at adidas. It’s an audacious move by adidas, but one that presumably has been brewing for some time. Herzogenaurach, Germany Is PUMA owned by Reebok? In the early days, the two companies were based on either side of town, and citizens were fiercely loyal to one company or the other.
Adolf “Adi” Dassler founded Adidas, a play on his name older brother Rudolf established Puma.
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