sports in the spotlight
Posted by Barry Silverstein on October 6, 2011 06:00 PM
In the professional sports world, it's pretty easy to identify who's up and who's down by whether they win or lose. But when it comes to the actual value of a sports brand, winning has a different definition: It's based on the revenue a sports team or an individual athlete generates.
Forbes magazine has been analyzing the value of sports brands for three years now. The latest edition of the "Forbes Fab 40" values the top ten names in sports in four distinct categories: athletes, teams, events and businesses.
Leading the list of money-making athletes is the famous (and more recently infamous) Tiger Woods, whose brand is on the comeback trail with this week's major endorsement by Rolex.Continue reading...
Posted by Mark J. Miller on October 6, 2011 02:01 PM
Before pro golfer Tiger Woods had a bizarre car accident outside of his Florida home late in 2009 and it was discovered that he had a slew of mistresses, which led to his divorce (and him handing over $750 million and custody of his kids to his ex-wife), he used to make quite a few bucks just smiling for the camera as well as using or wearing various products.
Woods made about $90 million annually through such corporate sponsorships as AT&T and Gillette and a major chunk of that disappeared when the sordid facts of his various affairs began to leak out. Since then, of course, Woods hasn’t won a big tournament and has fallen out of the top 50 golfers worldwide list for the first time since 2006.
But his corporate-sponsor comeback is now underway. Sure, he signed a deal to represent a Japanese muscle-rub company earlier this year, but now the big names are starting to come out. Well, OK, one big name: Woods has just signed on to rep Rolex, marking the return of the luxury watchmaker and A-list brands to Team Tiger.Continue reading...
Posted by Shirley Brady on October 5, 2011 05:55 PM
Microsoft eyes Yahoo bid, Reuters hears.
Apple red-faced as new Siri feature sounds like 'buttocks' in Japanese.
British Airways ramps up London 2012 sponsorship.
Ford joins Boxtops for Education.
Groupe Aeroplan changes name to Aimia.
Pantene signs Liv Tyler for new campaign.
Tiger Woods brand rebounds with Rolex sponsorship.
Wheaties selects a new NASCAR driver to sponsor.
Yum! Brands charts turnaround for Taco Bell.
Posted by Dale Buss on October 5, 2011 09:00 AM
Apple could lure customers with pricing despite lack of iPhone 5, even as its new iPhone 4S fails to wow. AT&T, meanwhile, claims its iPhone 4S will be the fastest, while Samsung moves to ban the device in France and Italy.
Amazon Kindle Fire pre-orders top 2,000 per hour.
BNY Mellon gets sued by feds, state of New York.
Coca-Cola Amatil eyes Foster's assets in Australia.
Diageo to open "Happy Hour" on ESPN in two languages.
Disney gets 3-D fever.
Estee Lauder launches breast cancer awareness Facebook app.
Friendly's files for bankruptcy.Continue reading...
Posted by Dale Buss on August 16, 2011 08:59 AM
American Media, publisher of National Enquirer, no longer is for sale.
Barney’s teams with Lady Gaga for holidays.
Bloomberg BusinessWeek launches global editions.
Cargill to buy Provimi and extend its reach in animal food.
Caterpillar faces increased competition from Chinese heavy-equipment makers in U.S. market.
Cathay Pacific campaign doesn’t mean “make you feel special” that way.
Dr. Scholl’s sells footwear in addition to foot care.
Estee Lauder sounds caution about consumer spending on cosmetics.
Google purchase of Motorola will heavily affect advertising industry; deal leaves BlackBerry's Research in Motion in “no-man’s land.”Continue reading...
week in review
Posted by Michael Waltzer on August 12, 2011 04:30 PM
Our most-read blog posts of the past week include Coca-Cola's New Freestyle Machines, The U.K. Riots, Tiger Woods, and more:
#1 Coca-Cola Expands Futuristic Freestyle Machines
#2 U.K. Riots: The Revolution Will Be Twitterized
#3 The Sole of a Brand: Louboutin Fails to Convince NY Judge to See Red
#4 Bud Refresh: The King of Beers Puts on a Bowtie
#5 Tiger Woods Loses TAG Heuer, Gains Nike Vote of Confidence
#6 T-Mobile Not Feeling Pretty in Pink as AT&T Merger Drags On
#7 Pharma's Social Challenge; or, What Pfizer Learned From Its Facebook Hack
#8 Viral Video of the Week: Nissan's Damned Pony Jingle Will Haunt Your Dreams
#9 Rise of the Planet of the Apes Shows Why Hollywood Goes Ape for Apple
#10 Auto Erotica: Girls Produce Best Ford Mustang Ad of the Year
Posted by Mark J. Miller on August 8, 2011 03:00 PM
Mister Rogers tried to draw attention to the fact that he was changing his shoes but he never could quite get us all to pay that much attention.
Woods not only returned to the competitive circuit this past weekend at the WGC-Bridgestone Invitational after a few months of rehabilitating from the knee and Achilles injuries he suffered in the first nine holes of the The Players tournament in May, he wore a new pair of shoes, according to Golf365.com.
Tiger’s new footwear comes, of course, from the sponsor — Nike — that has stuck with him through his good times, his extremely bad-behavior times, and his sad times as his family broke apart due to his misbehavior with numerous mistresses.
While he was busy finishing 37th at Bridgestone, Nike putter in hand, news came that another sponsor was cutting him loose. Luxury watchmaker Tag Heuer won’t be using Woods as a spokesman anymore, his agent confirmed to Bloomberg News, after downscaling its relationship following his marital implosion.Continue reading...
Posted by Chana Mayefsky on August 8, 2011 09:00 AM
Tiger Woods loses $10 million Tag Heuer endorsement deal.
Groupon addresses accounting complaints as rivals fall by wayside.
Verizon hit by strike action affecting 45,000 workers.
Airbnb continues beefing up security.
Alexander McQueen show at New York's Metropolitan Museum breaks records in final weekend.
American Apparel expands ASOS partnership.
Bank of Scotland launches integrated campaign.Continue reading...