Are you a fashion enthusiast or just a curious mind wondering whether Puma is owned by Gucci or not? Well, you’ve come to the right place. In this article, we’ll dive deep into the history of these two iconic brands and explore their relationship.
History of Puma
Puma is a German multinational corporation that designs and manufactures athletic and casual footwear, apparel, and accessories. The company was founded in 1948 by Rudolf Dassler, brother of Adidas founder Adi Dassler.
Puma quickly gained popularity among athletes and sports enthusiasts due to its innovative designs and high-quality products. The brand has since then become synonymous with style, performance, and innovation.
History of Gucci
Gucci is an Italian luxury fashion brand that was founded in 1921 by Guccio Gucci. The brand is known for its high-end fashion products such as handbags, shoes, clothing, and accessories.
Over the years, Gucci has become one of the most popular luxury brands worldwide due to its iconic designs that blend traditional craftsmanship with modern style.
Puma’s Relationship with Gucci
Now coming to the question at hand – Is Puma owned by Gucci? The answer is no. Puma is not owned by Gucci or any other luxury fashion brand.
However, both Puma and Gucci are part of the same parent company – French multinational corporation Kering. Kering owns several other luxury brands such as Alexander McQueen, Balenciaga, Saint Laurent Paris, and many more.
Kering acquired Puma in 2007 when it bought a controlling stake in the company from the founding family. Since then, Puma has continued to operate as an independent brand under Kering’s ownership.
Conclusion
In conclusion, while Puma is not owned by Gucci, both brands are part of the same parent company – Kering. Puma continues to operate as an independent brand under Kering’s ownership and remains a popular choice for athletes and sports enthusiasts worldwide.
So, there you have it – a brief history of Puma and Gucci’s relationship. We hope this article has cleared up any confusion you had about these iconic brands and their ownership.
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