Posted by Dale Buss on May 6, 2013 04:33 PM
It's just another day in the rehabilitation efforts of Detroit. The city has launched its first business-to-business image campaign in five years, and Al Jazeera America has revealed that it'll place one of its dozen US news bureaus in Detroit, which has one of America's largest populations of people of Arab descent.
The last several months have continued to be rough on the image of the Motor City despite the fact that the Detroit Three automakers have been coming back smartly, manufacturing in metro Detroit is re-expanding, the Red Wings qualified for this month's playoffs for an NHL-record 22 years, Motown: The Musical has debuted on Broadway, and there's a genuine and substantial influx of workers and denizens back in the battered downtown of Detroit.
Still, the city has struggled to find its footing as Michigan instated an emergency financial manager on a resistant Detroit city government, and residents and tourists alike have struggled to "Say Nice Things About Detroit."Continue reading...
sports in the spotlight
Posted by Mark J. Miller on May 3, 2013 02:43 PM
You'll never know how much you miss something until it's gone, right? Well, that seems to be the case for the NHL, who, after spending months fiddling around with contract negotiations and delaying the start of the season, is seeing record viewership numbers for televised games.
The abbreviated season finally got under way in January (after Nike reminded the big wigs at the NHL who's really the boss). But NBC Sports had a few tricks up their sleeve to ramp up excitement in a shorter amount of time.
Viewership during the regular season went up 18 percent over last year, Forbes reports, making this the most-watched regular season in 19 years. Seven of the top eight NHL telecasts of the season came during NHL Sports Network’s new Wednesday Night Rivalry, which featured games between some of the league’s longest and feistier rivals. It drew some of the larger sponsors, too, including Discover and Verizon.Continue reading...
Posted by Dale Buss on February 1, 2013 09:02 AM
AB InBev sees U.S. government sue to block acquisition of Grupo Modelo.
Best Buy Canada blames Walmart and Target for closure of 15 stores as Sears Canada downsizes.
P&G launches dual Old Spice Men in new campaign.
BlackBerry touts deal with NHL and begins selling new BlackBerry 10 in U.K. as investors retreat.
AstraZeneca and Bristol-Myers deepen diabetes-marketing alliance.
Chrysler reports 16-percent increase in January sales, strongest in five years.
GM promotion with Costco proves its worth.
Google submits proposal to resolve antitrust concerns in Europe.Continue reading...
Posted by Dale Buss on January 22, 2013 09:02 AM
McDonald's debuts new packaging featuring QR codes.
Samsung reportedly developing new Galaxy Tab 3 line-up and a tablet.
Walmart toughens ethics policies for suppliers with zero tolerance policy.
AB InBev wins court bid to get back Bud EU trademark for beer.
Boeing faces intensifying probes on troubled Dreamliner.
Caterpillar woes deepen in China.
Cumulus brings country music back to New York City radio.
Daimler commits to innovation in mobility.Continue reading...
Posted by Dale Buss on January 9, 2013 09:03 AM
Apple reportedly working on a lower-end iPhone.
H&M reveals launch plans for & Other Stories store brand.
Lance Armstrong to discuss doping in exclusive live-streamed Oprah Winfrey interview as new allegations arise.
Amazon CEO Jeff Bezos doesn't care about profit margins.
American Airlines upgrades international travel.
Asus looks to share in Google Nexus glory.
Audi A7 self-driving autopilot car goes for a spin at CES.
Beauty brands including Philosophy try oxygenating products.
Best Buy's former CMO lands at LivingSocial.
Boeing sees formal probe of Dreamliner.Continue reading...
Posted by Mark J. Miller on January 7, 2013 09:55 AM
Now that the NHL has reached a tentative deal that could see the players (finally!) hit the ice as soon as next week, let us now praise Nike's role in egging the league to put on its skates and cut a deal.
For years, Nike has ridden on the parade floats of champion athletes, signing big names to sneaker deals in order for fans to covet what the stars wear and to showcase their powerhouse athletes in a wide variety of advertisements (and add their names to buildings on the Nike campus in Oregon, too, of course).
However, the athletic wear giant struck a chord last summer when it touted a more populist message ("Find Your Greatness") during the London 2012 Summer Olympic Games. Nike hadn’t signed on to sponsor the Games but its name became forever aligned with England’s big event when it aired a commercial that featured everyday athletes competing in other Londons around the globe and urged those watching to find their own greatness.
As winter rolled around in the Western hemisphere, Nike duly hit another nerve for the average fan and athlete. With more than half of the NHL season cancelled due to a stand-off between wealthy owners and wealthy players, Nike launched a campaign on Dec. 19th keying in on the fact that hockey fans were fed up with the lockout and salary cap war — and the sport and its fans didn't need the NHL to survive.Continue reading...
Posted by Shirley Brady on January 7, 2013 07:02 AM
Hostess is in talks to sell off bread brands, as makers of Thomas' English muffins and Tastykake snacks emerge as two of the bidders for Wonder Bread according to the Wall Street Journal.
Hulu CEO resigns as web TV startup faces impasse.
NHL resolves labor dispute, faces shortened season.
Apple envy one of Fast Company's suggested New Year's Resolutions for brands.
Bank of America settles with Fannie Mae for $10 billion.
BMW is paring back car discounts in Germany.
CES lures brands and marketers to Las Vegas.Continue reading...
Posted by Mark J. Miller on December 21, 2012 03:03 PM
This was supposed to be an off year for Adidas. After all, its Reebok subsidiary was set to lose the NFL apparel deal that it had had since 2001 to Adidas archrival Nike. Plus, NHL players wear Reebok and that league’s season hasn’t started yet due to financial differences between the owners and players. That’s not a help to an area that generally brings in $132 million annually. So last month, CEO Herbert Hainer had to tell investors that the company was adjusting its sales expectations for the year.
However, the Financial Times notes, Hainer also had some good news to share: “We will see record sales and earnings in 2013,” he said. “All that I hear from the markets is that we are winning market share in each and every country.” And, adjustments or no, things didn’t go badly for the sportswear giant this year. Its stock price is up 40 percent from the same point last year.
The FT attributes the stock price staying strong for Adidas partially because of the strong confidence of Hainer and his “shrewd instinct about where the sports goods business must go next to expand its appeal to customers.” Serving an aging market as well as helping people deal with the obesity epidemic are two areas that are helping the bottom line at Adidas.Continue reading...