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Are Consumers Tired Of Celebrity-Owned Brands
Man's World
|July 2024
Celeb-owned brands are oversaturating the market and only ones with never-heard-before USP are able to make an impact
From Mira Kapoor's newly launched Akind to Hrithik Roshan's HRX and Ranveer Singh's Bold Care, multiple celebrities have transitioned into successful entrepreneurs. While some of these brands make it to the top, many fizzle out before the break-even point and still, the trend doesn't seem to die down.
However, consumers, even an ardent celeb fan, wonder if investing in celebrity-owned brands is worth their money and time.
In 2021, Kim Kardashian announced a halt to her beauty line, KKW Beauty. In early 2023, Kristen Bell shut her CBD beauty line, Happy Dance and later that year, Jared Leto ceased the functioning of his brand Twentynine Palms within a year of its launch.

While celebrity brands enjoy an edge over others given the celeb's popularity and wide fan base, it doesn't always equate to profitable business.
Diese Geschichte stammt aus der July 2024-Ausgabe von Man's World.
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