Top Olympic sponsor Panasonic is ending its contract with the IOC

Top Olympic sponsor Panasonic is ending its contract with the IOC

TOKYO — Olympic sponsor Panasonic is terminating its contract with the IOC at the end of the year, the company said in a statement Tuesday. Panasonic is one of 15 companies that are so-called TOP sponsors for the International Olympic Committee. It’s not known the value of the Panasonic sponsorship, but sponsors contribute more than … Read more

Bernard Arnault has been dubbed the Olympics’ godfather. Here’s how he built LVMH’s fortune

Bernard Arnault has been dubbed the Olympics’ godfather. Here’s how he built LVMH’s fortune

PARIS — For decades, France’s LVMH has been the face of luxury for the wealthy who tote Louis Vuitton bags, don Christian Dior clothing, spritz Bulgari perfume and sip Veuve Clicquot Champagne. This week, the world’s dominant luxury group — home to 75 high-end brands across fashion, jewelry, watches and alcohol — will be the … Read more

Bernard Arnault has been dubbed the Olympics’ godfather. Here’s how he built LVMH’s fortune

Bernard Arnault has been dubbed the Olympics’ godfather. Here’s how he built LVMH’s fortune

PARIS — For decades, France’s LVMH has been the face of luxury for the wealthy who tote Louis Vuitton bags, don Christian Dior clothing, spritz Bulgari perfume and sip Veuve Clicquot Champagne. This week, the world’s dominant luxury group — home to 75 high-end brands across fashion, jewelry, watches and alcohol — will be the … Read more

Movie Review: Scarlett Johansson lends star power to earthbound ‘Fly Me to the Moon’

Movie Review: Scarlett Johansson lends star power to earthbound ‘Fly Me to the Moon’

“ Fly Me to the Moon ” is better than it looks. This is not a slam against the marketing campaign for the space race rom-com about a straight-laced NASA man and the Madison Avenue marketing savant brought in to sell the mission to the moon. It’s more about the state of theatrical moviegoing. A … Read more

With ‘functional’ beverages, brands rush to quench a thirst for drinks that do more than taste good

With ‘functional’ beverages, brands rush to quench a thirst for drinks that do more than taste good

Supermarket beverage aisles are starting to look a lot more like a pharmacy. There are sodas made with mushrooms that supposedly improve mental clarity and juices packed with bacteria that claim to enhance digestive health. Water infused with collagen carries the promise of better skin, and energy drinks offer to help burn body fat. Welcome … Read more

Ryan Reynolds celebrates ‘ride of our lives’ as Wrexham gains promotion to English 3rd division

Ryan Reynolds celebrates ‘ride of our lives’ as Wrexham gains promotion to English 3rd division

WREXHAM, Wales — The sequel turned out to be just as good for Wrexham. The Welsh team co-owned by actor Ryan Reynolds clinched promotion to the third tier of English soccer thanks to a 6-0 home win over Forest Green on Saturday. That’s back-to-back promotions for the team since it was thrust into the spotlight … Read more

Wrexham takes step closer to promotion with win over Mansfield

Wrexham takes step closer to promotion with win over Mansfield

Wrexham, the fourth-tier Welsh team co-owned by actor Ryan Reynolds, has taken a step toward another promotion by beating Mansfield 2-0 WREXHAM, Wales — Wrexham, the fourth-tier Welsh team co-owned by actor Ryan Reynolds, took a step toward another promotion by beating Mansfield 2-0 on Friday. Talismanic forward Paul Mullin scored both goals — finishing … Read more

Hong Kong lifts curbs on property market, to spend more on tourism

Hong Kong lifts curbs on property market, to spend more on tourism

HONG KONG — Hong Kong’s government has lifted curbs on property deals after home prices fell to a seven-year low, adding to the Chinese territory’s woes. Finance minister Paul Chan announced the move in a speech presenting the territory’s budget, which also raised spending on tourism promotion. He said all curbs, such as extra taxes, … Read more

Lionel Messi’s global tour with Inter Miami has been very messy and a PR nightmare

Lionel Messi’s global tour with Inter Miami has been very messy and a PR nightmare

TOKYO — It’s all been very messy. We’re talking about Lionel Messi and Inter Miami’s global tour of exhibition games where the main show has been Argentina’s 2022 World Cup-winning captain The matches are about promotion and marketing, hoping to build a new brand by using stars like Messi and Uruguayan Luis Suarez. Instead, the … Read more

Bud brings back Clydesdales as early Super Bowl ad releases offer up nostalgia, humor, celebrities

Bud brings back Clydesdales as early Super Bowl ad releases offer up nostalgia, humor, celebrities

NEW YORK — Budweiser is bringing back some familiar characters this year in its Super Bowl ad. The perennial Super Bowl marketer is bringing back fan-favorite characters the Clydesdales and a Labrador — a nod to the Labradors that starred in earlier commercials during advertising’s biggest night. Some advertisers are releasing ads ahead of Super … Read more