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.
So, what defines the success of a celeb-owned brand? The answer lies in the brand's authenticity and true-toits-claims promise. When I interviewed Deepika Padukone last year at the one-year anniversary celebrations of her beauty brand, 82°E, she explained that while the initial push to any celebrity brand may come from the celebrity's fan following, it often fizzles out if the brand doesn't deliver what it claims. According to Padukone, who founded her skincare brand in 2022, skincare is unforgiving, and no one would invest in a product if it's not suiting their skin, not even her ardent followers. Similarly, Kapoor, who launched her skincare brand Akind last month, confessed that while a celebrityowned brand enjoys visibility because of the popularity of the person, she knew that putting a brand in the market with a personal touch will get consumers interested and loyal. "Like any other brand, celebrity brands need to know their 'why'.
Bu hikaye Man's World dergisinin July 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Man's World dergisinin July 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
The Winter Wishlist
Intense, comforting, and with rich notes, here are winter fragrances that should be on your list for the coming season
WEDDING GROOMING ESSENTIALS DERMAT EDITION
7 leading and board-certified dermatologists tell us the most sought-after products they think men must keep handy this wedding season
Grooming
Here's a six-week calendar leading to the D-Day to sort out your grooming dos and don'ts
FRÉDÉRIQUE CONSTANT'S INDIA TAKEOVER
13-year brand veteran William Besse talks business strategy, India-based insights and more
LONGINES GOES FOR GOLD WITH A DUO OF SPIRIT FLYBACK EDITIONS
The brand celebrates the 99th anniversary of its iconic aviation-focused complication in style
Are The Men Of Cricket Losing The Off-field Glam Game?
At atime when the confluence of sports and fashion is at its peak, one can't help but wonder why the world's second-most popular sport hasn't yet boarded this train
Christian Louboutin's Great Indian Love Affair
The world's best-known footwear designer's recent capsule collection The Diwali Edit is testimony to it
Distance Makes The Heart Grow Fonder
Dont Believe Anyone When They Say Long Distance Relationships Dont Work
The travesty of a personal heartbreak
From crying to coming to terms with heartbreak, we've all been there
Royal Enfield Goes Electric
Airdropped, eco-conscious at heart-Royal Enfield's C6 is more than just a quiet whisper in India's struggling electric two-wheeler landscape