*Louis Vuitton, Gucci sales growth slows to low-single digit. After years of rampant expansion, Kering and LVMH, Gucci and Louis Vuitton's respective parents, are finding the likes of Michael Kors are proving smarter at tapping the fast-growing middle classes, particularly in big markets such as China.» Read More
If you believe everything you read, you would have thought that San Diego Chargers running back LaDainian Tomlinson was just lucky enough not to get the Madden cover endorsement. Electronic Arts officially announced last night that Tennessee Titans quarterback Vince Young would grace the cover of the next version of the jinxed popular video game. "Vince was the guy all along," EA's director of marketing Chris Erb told the San Diego Union-Tribune today.
Ever since I started collected minor league hats as a sixth grader - when you actually had to write the teams to buy a cap -- I've had an obsession with minor league logos. So I'd like to start a tradition here at CNBC -- the Minor League Logo Awards. It's all subjective here, so please write me at email@example.com if you think a certain team is either not on the list or is underrated or overrated.
Guest blogger Jeff Mishlove is back with his contest picks for today. Let's get right to them. Here's Jeff: Monday’s closing prices revealed that all of my recommendations for purchase on Friday were quite profitable for a single day, although none of them were at the exhilarating level one would like to see to become a weekly winner. The chart below, taken from my blog of last Thursday, April 12, tells the story:
For the past couple years, college football and basketball coaches have gone nuts text messaging recruits. The reason is pretty simple -- coaches are limited in the number of phone calls they can make, but there are no restrictions on text messaging. That might all come to an end August 1. The process will start today as the NCAA's management council considers a proposal to prohibit the practice, limiting non-voice communication to email and fax.
The Landor Breakaway Brands Study identifies a list of 10 brands every year that have grown and been transformed through excellence in brand building. These are brands that have achieved the most meaningful improvements in brand health and subsequently in business value. Because investments in brand building take time to be realized, the study looks at the growth of brands over a three-year period.
Tiger Woods might be the world’s most marketable athlete, but he isn’t necessarily good at selling everything and companies aren’t necessarily great at using him either. So right before the Masters begins, I’m going to dedicate some of this blog to tell you who is making sense of using Tiger and who has no clue.
We expected to see tickets upper deck tickets selling for face value ($77) for tonight's game. But the Florida fans seemed to have driven up to Atlanta and purchased some of the tickets on the street. The going rate for one of these upper deck seats is about $200 apiece, which is very reasonable. This is not including the "Distant View" seats, which are so ridiculous I'm not sure they should even be sold.
Hoya Paranoia: Florida, UCLA and Ohio State will all outsell Georgetown in merchandise this year - by a mile. But it's not an apples to apples comparison since Georgetown doesn't have a football team -- seen as the biggest sport driver of sales. Georgetown also doesn't have anything close to the alumni base of the other Final Four participants. Ohio State's undergraduate population is about five times that of Georgetown's.
Why I Don’t Gamble: At this time of year, I will fill out a bracket sheet, but I have never put any money on a single game. Why? Because it doesn’t allow you to really enjoy the game. (I know some will argue it adds more excitement).
Is America's health craze is officially over? McDonald's is field-testing its massive new Angus Third Pounder sandwich. CNBC's Jane Wells reported -- burger in hand.
VCU beat Duke 79-77 last night. That’s a big deal, but you’ll consider it an even a bigger deal when I take you through the finances of it all.
Last night I debated John Challenger of Challenger, Gray and Christmas, the firm that each year comes out with that March Madness lost wages study.
The Financial Brackets:Let’s be honest, the reason why a Cinderella is a Cinderella at this time of year is because the mid-major team -- given how much less they spend and how much less they make -- shouldn’t have a chance to win. Yet the games are played and they do win -- see George Mason through to the Final Four last year...
I'll never forget what NBA commissioner David Stern said in June 2005 in a New York Times article. The piece talked about how some young kids were more interested in playing NBA video games than watching the real thing.
Every once in a while, I have to bash someone. And today, I'm laying down the smack on whoever came up with the new LPGA logo. Have you seen this thing? It's the silhouette of woman in a visor with some big curly 1980s hair.
K-Swiss page90KSWSfalsetrue2pricetruefalsefalsefalse0QuotefalsetrueChartfalsetrueNewsfalsetrueProfilefalsetrueAdd to Watchlistfalsetruetruehttp://api-cdn.cnbc.com/api/chart/chart.aspGE4true3 shares took a dive on Thursday after the company said there would be a nice decline in domestic revenues and that it had made substantial investments in product development and marketing. One of those marketing costs is Anna Kournikova, their new spokesperson. I have to say, I saw Kournikova do what she did for products while she was playing. It was amazing. Take some tennis strings, slap her face on the packaging -- sales triple! I always got the impression she was one of the few athletes -- even though she never won a single WTA title -- that really did get a return on investment. But now? With her being off the court and Sharapova doing very well, I’m thinking K-Swiss investors would be more encouraged if K-Swiss spent its money finding the next great young tennis star in Russia than investing in a player that won’t ever play top competitive tennis again.
Microsoft is busy pushing its entertainment offerings. The tech company's new secret weapon in selling digital downloads to play on a cell phone or other devices is a new digital rights management technology called PlayReady. The upside for consumers: content purchased for one mobile device isn't limited to just that gadget. Users can register several devices to share content. This is a rather controversial approach, but could really catch on eventually.
Time Warner reached a deal Monday to sell the Atlanta Braves to Liberty Media Corp., according to the Wall Street Journal. Because there is so much thrown in, it's hard to see exactly how much the Braves were valued at, but I'd say it's already too much. Public companies have no business owning sports teams. They, for the most part, don't make rational sense...
Shares in advertising and marketing company Publicis Groupe rose 4.1% Wednesday after the company reported that a strong performance in Latin America, the Middle East and Africa helped revenue rise 4.8% in the fourth quarter.
Internet search is undoubtedly one of the most useful tools out there, but it’s never been synonymous with entertainment. Microsoft is hoping to change this – and maybe even beat Google at it’s own game – by launching an interactive search engine that aims to be both functional and entertaining at the same time.