Brand Comparison
Puma vs Under Armour
Quantify ownership structure, origin, and control signals in one view.
Derived from documented disclosures and scored consistently.
Foreign-owned profile
Puma
India ownership score: 10/100
Foreign-owned profile
Under Armour
India ownership score: 10/100
Comparison Fit
These brands map as direct alternatives within Sportswear.
Profile match: segment:sportswear
Ownership Insight
Puma is owned by Puma India, headquartered in Germany. Under Armour is owned by Under Armour India, headquartered in United States.
Score Breakdown
Equity ownership
Puma: 0%
Under Armour: 0%
Manufacturing presence
Puma: 20%
Under Armour: 20%
Revenue retention
Puma: 30%
Under Armour: 30%
Strategic control
Puma: 0%
Under Armour: 0%
Side-by-side Details
| Feature | Puma | Under Armour |
|---|---|---|
| Country of origin | Germany | United States |
| Headquarters | Herzogenaurach | Maryland |
| Founded | 1948 | 1996 |
| Parent company | Puma India | Under Armour India |
| Parent company country | Germany | United States |
| Manufacturing in India | 20% | 20% |
| Revenue retained in India | 30% | 30% |
| Ownership type | Foreign Multinational | Foreign Company |
| Strategic control | Germany | United States |
More comparisons in Sportswear
Indian Competitors
Frequently Asked Questions
Is Puma Indian-owned?
Puma is foreign-controlled.
Is Under Armour Indian-owned?
Under Armour is foreign-controlled.