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Puma has been a public company since 1986, listed on the Frankfurt Stock Exchange. French luxury group Kering (formerly known as PPR) holds 9.8%, Kering's largest shareholder Groupe Artemis owns 29% of the share capital. [47] Puma ranks as one of the top shoe brands with Adidas and Nike, [8] and employs more than 18,000 people worldwide. [5]
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The 1980s saw the shoe become popular with the rise of breakdancing and see many b-boy groups wear the shoes thanks to it built quality making it easy to dance in that style. [4] An old red pair of Puma Suede shoes. Today, the shoe is still worn by many celebrities and athletes and continues to play a prominent role in modern fashion. [5]
The new shoe was called the "Puma Clyde" and was released in 1973. The shoe was met with great success and it was reported that Frazier wore all 390 different colors for the shoes throughout his career. [1] Years later, in 2018, Frazier decided to sign a lifetime deal with Puma and the shoe was brought back. [5]
The earliest known shoes are sagebrush bark sandals dating from approximately 7000 or 8000 BC, found in the Fort Rock Cave in the US state of Oregon in 1938. [5] The world's oldest leather shoe, made from a single piece of cowhide laced with a leather cord along seams at the front and back, was found in the Areni-1 cave complex in Armenia in 2008 and is believed to date to 3500 BC.
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