Showing posts with label global consumer brands. Show all posts
Showing posts with label global consumer brands. Show all posts

Feb 21, 2022

Rachel Bachman on the Eileen Gu global consumer brand

She's quite possibly the biggest thing in sports, the biggest thing in the two biggest economies in the world.  There's no one else like her who's as dominant in her sport, who's truly multinational and has one foot squarely in two countries in the middle of the biggest event in China's recent sports history.  She is really strenuously apolitical.  There is nothing controversial about her brand.  When she's asked questions about controversial or sensitive issues she really doesn't answer them.  She responds that she wants to unify.  She seems very aware that there's a risk to criticizing or being perceived as criticizing the Chinese government or its policies.

~ Rachel Bachman, senior sports reporter, The Wall Street Journal, "Olympian Eileen Gu’s Marketing Power: The Risks and Rewards for Brands," February 16, 2022



Feb 13, 2021

David Novack on the success of KFC and Pizza Hut in China

Not everybody in China can come to the United States; it's a very expensive thing to do. But you can experience what is a part of the U.S.  The power of the brand is immense. 

When I first went to China in 1997, you would see the parents in line, and they would buy food for their kids.  But they couldn't afford to necessarily buy anything for themselves.  [That's no longer the case.]  The consuming class is growing so rapidly.  People say it's about 300 million people now, and in eight years, it will be 600 million.

~ David Novack, CEO of Yum! Brands, "How Do You Say Yum in Chinese," Barron's, January 30, 2012