Sports firms jump
on World Cup bandwagon
THE EUPHORIA
THAT FOLLOWED ECUADOR'S QUALIFICATION FOR THIS YEAR'S SOCCER WORLD CUP HAS HELPED
TO CONSOLIDATE THE SUCCESS OF LOCAL SPORTS COMPANIES SUCH AS MARATHON
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FLYING
THE FLAG
Soccer fans celebrate the World Cup qualification of Ecuador, sponsored by Marathon Sports. |
When
Ecuador qualified for the World Cup on November 7th, 2001 by drawing 1-1 with
Uruguay, the national celebrations knew no bounds. For the first time in its
sporting history Ecuador was going to participate in soccers most famed
event, which this year takes place in Korea and Japan in June and July. Colombian-born
coach Hernan Dario Gómez, who forged the players into a real team, is
now a national star and the country hasnt seen such excitement since their
long-distance runner, Jefferson Perez, won a gold medal in the 1996 Olympics.
As the forthcoming great event is heralded throughout the country, its impact
and meaning go far beyond the boundaries of the sport itself, for soccer is
the single unifying factor in this multi-ethnic land through which Ecuadors
inhabitants relate to each other on totally equal terms. A new national identity
has been created and a boost given to a country that has felt itself for so
long to be in the shadows. The qualification has actually put Ecuador on the
map for many people. Now thanks to its talented soccer team, Ecuadors
nameat least in the world of sporthas spread far and wide.
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RODRIGO
RIBADENEIRA
Director General of Marathon Sports |
Soccer
represents 60% of our business in this country, says Rodrigo Ribadeneira,
Director General of Marathon
Sports. His company, which officially sponsors the national team, provides
60% of the countrys sportswear and its brand name is the local equivalent
of Nike or Adidas.
Marathon was launched two decades ago when the real explosion of sports fashion
began and is today a veritable Ecuadorian flagship in this sector. With a turnover
of $65 million, it exports the remaining 40% of its sportswear to Andean countries.
Recently it opened retail shops in Peru, where it intends to consolidate over
the next four years, and is now looking to penetrate Colombia.
In
the 20 years Ive been running this business, Ive been able to give
Ecuadorians the chance to obtain products similar to those they bought abroad,
says Mr. Ribadeneira. This is why its expanded so much here. The
country is soccer-crazy.
Marathons support for the national squad goes way back. We were
right behind our team even when they barely won a match in eight years,
says Mr. Ribadeneira. The world cup decision has helped the countrys
self-esteem incalculably.
The business now has 75% of the market cornered and Marathon Sports intends
to dedicate itself to maintaining its position in the soccer market. It is also
looking into other sports it can market and support by means of international
licenses. My son is finalizing an agreement with the American NBA to buy
a license to sell in Ecuador and export to different related companies,
says Mr. Ribadeneira. This will be advantageous to the company as it means outside
brands and technology can then be brought in, and the products manufactured
locally and distributed throughout the country.
Marathon
employs 1,200 people of whom 600 are in the retail and wholesale business. The
rest are in manufacturing, which gives work to more Ecuadorians. Our licenses
also allow us to sell our products in many countries and this will mean more
jobs, explains Mr. Ribadeneira. He expects this figure of 600 to expand
to 800 in the next few years.
Mr. Ribadeneira also feels Marathon has a social function to promote well-being
in the country and help people to get on in life. His interests include promoting
the Tin Delgado soccer school in El Chota, where young future champions can
be seen on TV sporting Marathon shirts.
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