Page 35 - BrandZ Top 50 Most Valuable Latin American Brands 2015

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PARENTCOMPANY WalmartChileSA HEADQUARTERS Santiago
INDUSTRY Retail YEAROFFOUNDATION 1976
WEBSITE www.lider.cl BRANDVALUE US$2,845million
The Lider supermarket brand is owned by Walmart.
Lider operates 69 supermarkets and 57 smaller format Express Lider stores. In early 2009, Wal-Mart Stores, Inc. acquired
a controlling interest in the Lider brand’s parent company, Distribución y Servicios D&S SA. The following year D&S changed its name to Walmart Chile SA. Under Walmart’s ownership, the Lider brand has placed an increased emphasis on everyday low prices in keeping with the longstanding strategy of its parent company. In addition, growth of the Lider brand has taken a backseat to Walmart Chile’s other food formats, Ekono and SuperBodega aCuenta, which serve the market in a no frills and limited assortment fashion.
PARENT COMPANY Compañía de Petróleos de Chile Copec SA HEADQUARTERS Santiago
INDUSTRY Oil & Gas
YEAR OF FOUNDATION 1934
WEBSITE www.copec.cl
BRAND VALUE US $2,758 million
Copec is Chile’s leading fuel brand.
Copec has been in existence for 78 years and is Chile’s best-known brand of fuel, with an estimated market share of 62 percent.
The company leveraged its petrochemical expertise to enter the market for lubricants in 1996. To enhance the Copec network of 620 fuel stations, the company created a complementary brand called Pronto. Pronto describes three convenience store formats where expanded assortments of general merchandise and food are offered at Copec branded service stations under the banners of Ciudado, Pronto or Barra. Copec also operates a chain of 200 small format non-fuel convenience stores under the Punto Copec brand, introduced in 2000.
PARENTCOMPANY CencosudSA HEADQUARTERS Santiago INDUSTRY Retail
YEAR OF FOUNDATION 1900 WEBSITE www.paris.cl
BRAND VALUE US $985 million
Paris is the second largest department store brand in Chile.
Spanish entrepreneur José María Couso established the Paris brand in 1900 with the opening of the Paris Furniture store. In 1950, the name changed to Almacenes Paris and in 2005 the company’s name reverted to Paris following an acquisition by retail conglomerate Cencosud.
Paris is the second largest department store brand in Chile where it operates 36 stores in leading shopping centers. It appeals to shoppers with a differentiated product assortment that includes brands from well-known designers complemented by a range of well-established proprietary brands available in key categories such as apparel, home and electronics.
PARENT COMPANY S.A.C.I. Falabella HEADQUARTERS Santiago INDUSTRY Retail
YEAR OF FOUNDATION 2002 WEBSITE www.tottus.cl
BRAND VALUE US $921 million
Tottus, a network of supermarkets and hypermarkets, was first established in Peru in 2002, as part of the Falabella group. In 2004, Falabella brought the brand to Chile by acquiring a local supermarket chain and renaming it Tottus. With 41 outlets in Chile and 34 in Peru, the Tottus chain includes supermarkets that sell traditional categories of food and personal care product, and hypermarkets offering durable goods, white goods, electronics and homeware.
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CHILE
BRAND STORIES
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TOP 50 MOST VALUABLE LATIN AMERICAN BRANDS 2015
PARENTCOMPANY S.A.C.I.Falabella HEADQUARTERS Santiago INDUSTRY Retail YEAROFFOUNDATION 1889 WEBSITE www.falabella.com BRANDVALUE US$4,709million
Falabella is the leading department store retailer in Chile.
Falabella operates 40 large department stores throughout Chile and is the leading brand in the retail channel. The brand appeals to Chile’s more affluent shoppers with a consistently executed fashion forward merchandising strategy that enables it to remain the industry leader. The brand’s first store opened in 1958. Following several decades of expansion throughout Chile, its presence was extended regionally in the 1990s.
There are now 39 Falabella stores in Peru, Argentina and Colombia. The origins of the brand date back to 1889 when Italian immigrant Salvatore Falabella opened a tailor shop.
Today, the brand he created is synonymous with department store retailing and also serves as the corporate identity of
parent company SACI Falabella. This major conglomerate has extensive interests across the retail industry including the Mall Plaza shopping center brand, the Sodimac home improvement brand, the Tottus supermarket brand as well as financial services offered under the Banco de Falabella brand created in 1998.
PARENT COMPANY Sodimac SA HEADQUARTERS Santiago INDUSTRY Retail
YEAR OF FOUNDATION 1988 WEBSITE www.sodimac.cl BRAND VALUE US $3,107 million
Homecenter Sodimac is Chile’s Leading Home Improvement brand.
The Homecenter brand appears on 67 stores throughout
Chile that are focused on serving consumer needs for home improvement products. The brand is the most prevalent of
the three formats its parent company Sodimac uses to serve the home improvement, building and construction materials
– a market it has segmented by homeowners, contractors
and medium-to-large construction companies. The origins of the Homecenter brand date back to the 1940s, when a small company known as Sogeco began providing construction companies in Valparaíso with building materials. In 1952, the company became known as Sodimac. It entered the home improvement retail space in 1988, with the introduction of
the Homecenter brand. In 2003, Sodimac became part of
the Falabella retail conglomerate, which just two years earlier had bought out Home Depot’s ownership interest in a joint venture established in 1997. The Homecenter brand now enjoys a regional presence beyond Chile, with 52 stores located in Argentina, Colombia and Peru.
PARENT COMPANY Banco de Chile SA HEADQUARTERS Santiago
INDUSTRY Banks
YEAR OF FOUNDATION 1893
WEBSITE www.bancochile.cl BRAND VALUE US $2,595 million
Banco de Chile is one of the nation’s largest full service financial institutions.
Banco de Chile is a commercial bank focused on serving individuals and corporations with traditional banking products and services. It ranks among Chile’s leading consumer lenders and originators of mortgage loans. The bank’s branch network has 441 locations. As part of a plan adopted in 2010, Banco
de Chile is focused on expanding its branch network in areas outside of Santiago.
Founded in 1893, with the merger of Banco Nacional de
Chile, Banco Agricola and Banco de Valpariso, Banco de Chile became the nation’s largest privately held bank. The bank remained privately controlled through the 1970s when the Chilean government asserted ownership of other Chilean financial institutions. The bank’s long history and record of independence have enabled the brand to associate itself with stability and reliability, attributes that were reinforced in 2002 with the merger of Banco de A. Edwards and again in 2008 with the Banco de Chile and Citibank Chile merger.
PARENT COMPANY Latam Airlines Group SA HEADQUARTERS Santiago
INDUSTRY Airlines
YEAR OF FOUNDATION 1929
WEBSITE www.lan.com
BRAND VALUE US $2,398 million
LAN is Chile’s top airline.
The LAN brand is instantly recognizable throughout Latin America due to the company’s extensive aircraft fleet,
which features a distinctive blue and white color scheme
and the signature LAN logo in large letters. LAN provides passenger service to 15 cities in Chile as well as to hundreds of destinations throughout the Americas and overseas with direct service and through code share agreements with other carriers and participation in the Oneworld alliance since 2000. LAN also operates a cargo business that generates nearly 30 percent
of its revenue. The Chilean government established the airline in 1929 as Lan Chile SA. In 1989, LAN began a privatization process that was concluded in 1994. LAN is finalizing a merger with top Brazilian airline TAM SA that has created a company known as LATAM Airlines Group SA. With a combined fleet of more than 300 aircraft, the new company’s aspiration is to become the 3rd largest carrier in the world.
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