Label: Rocafella/Def Jam Brand associations: Audemars Piguet, Boost Mobile, Gucci, Jacob & Co, Louis Vuitton, Ralph Lauren, and Yves Saint Laurent Endorsements/partnerships: Boost Mobile, Jacob & Co, Pepsi, and a product placement arrangement with Lincoln Brand ownership: G.O.O.D Music and the upcoming clothing line Pastelle.
There've been a lot of new deals and announcements from hip-hop brands this quarter, heres a quick rundown: Diddy/Sean John: Has a licensing agreement with G III Apparel Group for a womens athletic line. Also has a cooking contetst show airing on NBC this April. Ice Cube: Will star in and produce a Mr Kotter re-make through Dimension Films. Jay-Z: Announced three new leases for the 40/40 Club and has a Rocawear watch line in the works. Juvenile: Bundled an app by ID Interactive with his new album Reality Check. The program will allow usuers to turn songs from the album into customized ringtones. LL Cool J: Launched the Todd Smith clothing line. Notorious BIG (estate) : Signed an exclusive mobile content deal with Zingy. Pharrell: Designing jewelry for Louis Vuitton and may have an Ice Cream/New Era collab in the works? (spotted at Hype)
When Jay Z and 50 Cent signed with Reebok in 2003, they gave new life to a dying brand. Co-signed by the top two names in hip hop, Reebok gained not only marketshare, but some much-sought after "street credibility" as well. The companys next "urban overture" was to launch the "I Am What I Am" campaign in February of 2005- the companys largest in nearly a decade. Thus far, the campaign has been an undeniable success, with Reebok posting an 11 percent rise in revenue (up to $925 million) in the first quarter of 2005. According to Reebok, half of that increase came from entertainment or lifestyle products such as the S. Carter and G-Unit lines. Recently the campaign kicked into overdrive, with deals going to Mike Jones, Lil Wayne, Nelly and Lupe Fiasco in an attempt to build on last years gains. But in the blind rush to duplicate the earlier success, Reebok has jeapordized the progress it has made in the urban market and could end up wasting millions. Take Nelly, for example. Just how seriously are we supposed to take his 'signature line'? He had a hit song called Air Force Ones and a limited edition line of Air Derrtys for cryin out loud. For those with short memories:
Then theres Lil Wayne. Now on the surface, this makes sense, considering the built in popularity of Reebok in his hometown of New Orleans. He even refrences the brand in some early Cash Money songs. But take a casual look at his recent videos, magazine shoots, or stage performances- the dudes a walking billboard for Bape and Nike. So how credible is his seal of approval supposed to be? Its as obvious to me as it is to everyone else that Reebok expects to cop these kicks thats this is just a check for Weezy and not a genuine endorsement. So do some better research, Reebok execs, because moves like this will have your OG Classics collecting dust with some P Millers and Birdman Lugz.
I've been getting alot of e-mail requests on the jacket Nas rocked during the BET/MTV interviews with Jay-Z. The retro-Nike leather is by Dr Romanelli and sold out, according to the site. Jays Bape hoody is available here. Having trouble finding something listed here at Strictly Business? Leave a comment or hit me at urbonicsmedia(at)yahoo.com, and I'll do what I can to help.(pic via Nahright)
Today I'll start posting brand profiles for what I call Market Movers - the rap artists with the most purchase influence in the urban market. Fabolous: Label: Atlantic Records, but presently in negotiations with Def Jam. Brand associations: Akademiks, Boost Mobile, Brand Jordan, Danger, Evisu, Hpnotiq, Jacob & Co, Lacoste, Mitchell and Ness, Motorola, New Era, Nike, and Red Monkey. Endorsements: Boost Mobile, EA Sports, Lipton Brisk, Mitchell and Ness, New Era, Reebok, and Sean John. Brand ownership:Rich Yung. Fab has leveraged video placements and lyrical references to build an impressive buzz for this brand. Below are some recent photos, via Crunk and Disorderly and Concrete Loop: