and now, a word from our sponsor
Posted by Mark J. Miller on November 10, 2014 10:29 AM
It has been long rumored that the NBA is moving toward putting sponsor logos all over on team jerseys, but it appears that the NHL may beat pro basketball to the punch.
National Hockey League COO John Collins told Sports Business Journal that the jersey ads are “coming and happening.” As it is now, Reebok logos are already on the jerseys and the Los Angeles Kings and Detroit Red Wings have small patches with ads for, respectively, McDonald’s and Amway on them.
But monetization is a priority for the NHL so bigger ads will appear on jerseys during actual game time.Continue reading...
Posted by Dale Buss on October 21, 2014 09:02 AM
Apple drives record profits with sales of new iPhone as China-backed hackers reportedly infiltrate iCloud.
Coca-Cola hatches initiatives to stoke growth after results disappoint.
IBM faces pressure for another big overhaul after CEO Rometty abandons 2015 earnings goal.
McDonald's profit plunges more than expected as it faces problems from high prices and from losing famlies.
Fashion designer Oscar de la Renta dies at 82 while The Washington Post's longstanding editor Ben Bradlee has passed at 93.Continue reading...
Posted by Mark J. Miller on October 20, 2014 08:45 AM
Back in 2005, it cost only $3.8 billion for adidas to buy Reebok, the sports shoe and athletic wear brand founded in England and named after a South African antelope. Unfortunately for Germany’s sportswear giant, it hasn’t proved to be a good investment and now struggling itself, it's set to unload Reebok, according to the Wall Street Journal.
adidas shares rose on the news Monday morning of the rumored offer by “an investor group that includes [Hong Kong-based private equity firm] Jynwel Capital and funds affiliated with the Abu Dhabi government” for $2.2 billion. It would likely be happy to see the Reebok name off of its ledgers since its sales continue to fall, dropping by more than a third since 2006 to $2 billion last year.
This should have been a boom year for adidas as it sponsored the FIFA World Cup in Brazil—but as Interbrand's new Best Global Brands report comments, it "did not gain quite the competitive edge expected." And as Reuters notes, its shares were down 41 percent this year before the day started. It remains unclear, though, if the top brass at adidas will accept the $2.2 billion offer for Reebok.Continue reading...
Posted by Dale Buss on October 20, 2014 08:30 AM
Apple Pay rolls out today with iOS 8.1 update to an audience of more than 10 million iPhone 6 and 6 Plus owners, with holes in the system and restaurants prepared to accept, though some retailers struggle with anonymity aspects. [Update: Apple also posted record quarterly revenue of $42.1 billion fueled by iPhone 6 sales.]
IBM sells chip unit for $1.5 billion as revenue drops again.
Microsoft "within weeks" of unveiling smartwatch as CEO Nadella promotes new cloud computing platform and clarifies comments on equal pay.
Oscar de la Renta, clothier to the stars (and Amal Clooney) has died at 82.
Reebok attracts $2.2 billion bid for owner adidas.Continue reading...
Posted by Mark J. Miller on October 13, 2014 10:23 AM
The lawyers at CrossFit are big on protecting the company’s trademark. One lawsuit essentially put the Italian CrossGym out of business. It sued the National Strength and Conditioning Association for claiming that its program “causes injury at a high rate.” And Outside magazine felt the ire of CrossFit when it published an article entitled “Is CrossFit Killing Us?”
Now CrossFit is tangling with a bigger foe: Nike. That behemoth’s legal team is unhappy with a CrossFit gym in West Palm Beach, Fla., which Nike feels looks an inverted version of the Jumpman logo its Jordan Brand with Michael Jordan uses.
As the Washington Post reports, Nike has filed suit to put a stop to the image of the man balancing on a kettle ball at the CrossFit CityPlace gym. Nike claims the gym's logo will not only confuse but also causes “grave and irreparable damage.”Continue reading...
Posted by Abe Sauer on September 12, 2014 06:14 PM
This week in branded content, Hansel gets cracker crackin' as Nike and Reebok look back to look forward. Check out the latest branded videos from Gucci, Nescafe, Sunbeam and more after the jump.Continue reading...
Posted by Abe Sauer on September 5, 2014 01:22 PM
This week in branded content, Kahlua tells a cocktail tale, Lee finds a new audience in China, Reebok pumps it up for its birthday in France and more. Check out the latest branded videos from New Balance, Jack Daniels and IKEA after the jump, and keep your eyes peeled for an upcoming content collaboration between Leonardo DiCaprio, Brad Pitt, Robert De Niro and Martin Scorsese for a short film for a Macau casino.Continue reading...
Posted by Alicia Ciccone on September 1, 2014 09:53 AM
A&E buys 10 percent of Vice for $250 million.
Apple blocks developers from selling users' health data to marketers; bans hazardous chemicals following China investigation; reportedly strikes payments deal to make next iPhone a mobile wallet with American Express, Visa and MasterCard; sees iBeacon struggle with retailers; and grapples with possible iCloud (via “Find my iPhone”) hack that led to massive nude photo leak affecting Jennifer Lawrence and other actresses.
Nike re-signs (Under Armour-wooed) NBA star Kevin Durant to sneaker deal rumored to be worth $350 million.
Disney files patents for drone-controlled puppets as Google drones find better reception than Amazon tests.
P&G's Tide brand honors uniformed workers on Labor Day (above).
MORE BRAND NEWS
Alibaba faces stiffer homegrown competition ahead of upcoming IPO.
Art Everywhere partnership brings culture to outdoor advertising.
Bayer brings “world’s hangover cure” Berocca to US.
BMW sees bomb-proof fleet get big buy-in from Australian government for G20 Summit.
Comcast acquisition of Time Warner Cable protested by entertainment giants.Continue reading...