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Senior Member
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Join Date: Jul 2010
Location: Tralfamadore
Posts: 10,343
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Senior Member
Join Date: Jul 2010
Location: Tralfamadore
Posts: 10,343
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Pistorius fall-out: Nike moves to limit brand damage
http://www.bbc.co.uk/news/business-21472843
Quote:
"I am the bullet in the chamber" ran the strapline for the Nike advert featuring Paralympic champion Oscar Pistorius.
As the South African athlete faced charges of "premeditated murder" in a Pretoria courtroom following the shooting dead of his girlfriend Reeva Steenkamp, his sponsors went into crisis-management mode.
Nike swiftly pulled the unfortunately-worded ads, as the perils of celebrity brand endorsement were brought sharply into focus once again.
Mr Pistorius, who has strongly rejected the murder charge, is thought to have earned several million pounds from sponsorships with Nike, BT, Thierry Mugler, Oakley, and Ossur, the Icelandic firm that makes the prosthetic carbon fibre blades he wears for races.
But in the brutal world of sports sponsorship, the "Blade Runner" stands to lose everything, even presuming his innocence.
When asked whether Nike was considering terminating Mr Pistorius' sponsorship deal, thought to be worth about $2m, a spokesman told the BBC: "We are continuing to monitor the situation closely. It is a police matter."
Another of Mr Pistorius' sponsors, M-Net Movies, a South African pay TV channel, pulled its TV ad campaign featuring the athlete, tweeting: "Out of respect and sympathy to the bereaved, M-Net will be pulling its entire Oscar campaign featuring Oscar Pistorius with immediate effect."
John Taylor, director of a sports sponsorship company and a veteran of the industry, told the BBC: "Even if Pistorius is found innocent, he is damaged goods. Brands need to act quickly and distance themselves from him; they cannot afford to wait until the case is heard.
"It's not like rats deserting a sinking ship, it's just the sensible thing to do."
Nigel Currie, director of sports marketing agency Brand Rapport, agrees, saying: "This is very different to the Tiger Woods and Lance Armstrong cases; this is life and death. There's no coming back from this."
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I should hope not - whatever the result of the court case, Pictorius surrounded himself with lethal weapons and killed another human being with one of them.
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