Puma beats Adidas as top World Cup team sponsor (Reuters) Updated: 2006-06-09 16:52 Puma is sponsoring 12 of the
36 countries in the soccer World Cup which kicks off in Germany this Friday. Its
rival Adidas, which normally has the stronger showing, trails this year as some
of the country teams it sponsors have failed to qualify.
The stakes are high in the competition with top sports goods firms spending
millions supplying and sponsoring teams participating in the tournament to
bolster their brand and lift the sales of products such as jerseys and footwear.
Adidas, which claims to be global market leader for soccer gear, has been the
games' top supplier for decades. But it has had bad luck this time with several
teams, including European champions Greece, failing to qualify.
As Fifa's sponsor, Adidas will still provide the match ball and kit out
referees, linesmen and ball boys.
The victory is also due in part to Puma's heavy investment in soccer products
to take on Adidas.
Analysts say contracting with key teams such as Germany, England or Brazil
helps boost sales.
Industry sources say a deal with a top team will cost a double-digit million
euros amount annually, while small teams such as Trinidad & Tobago are
almost free.
U.S. firm Reebok, which Adidas bought, has not contracted with any teams.
Nike, the biggest sports goods firm, has also invested heavily in soccer
activities. In past tournaments, it used to trail Adidas with the number of
sponsoring contracts.
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