Puma vs. Adidas
The background behind the Puma and Adidas shoe brands is pretty amazing. I had no idea that both companies spawned from one company started by two brothers from the same town. Apparently there was an argument between the two, they split, formed their own companies, and a family feud still exists some 60 years later.
From the article: “Each company is still located on either side of the small river that splits the [small German town of Herzogenaurach] in two, and because most citizens work for either one or the other companies, different schools, restaurants, bakers and shops have evolved over time to accommodate the feuding factions. Puma workers simply do not associate with Adidas people.”
Don’t wear Nike’s if you’re in Herzogenaurach anytime soon.
Full article here [Strategic Name Development]
3 Comments
It used to be more common for companies to split over disputes. I think it is weird that companies don’t split as often. Mergers wouldn’t be a problem if we had a natural number of business splits.
I’m an Adidas guy myself. I find that other shoes make me feel like I am cramming my gargantuan feet into children’s shoes. And if you think Adidas and Puma are feuding, keep an eye on Adidas and Nike. Since Nike has such a large portion of the market, German-owned Adidas and Oregon-based Nike are scrambling to market their product through marketing at the World Cup. I get the feeling there’s much more to come…
According to FundingU’s company history pages, it is the truth.
http://www.fundinguniverse.com/company-histories/Puma-AG-Rudolf-Dassler-Sport-Company-History.html