In recent years Ryan Reynolds and George Clooney earned more money from selling their liquor brands, Aviation American Gin and Casamigos tequila, than from their movie deals. Serena Williams and Maria Sharapova, retired from sports, now generate significant earnings through the sale of their apparel and skin care lines, S by Serena and Supergoop. Rihanna and Dr. Dre make millions selling their own brands of cosmetics and lingerie and headphones, respectively.
What Makes a Successful Celebrity Brand?
Stars are using their influencer status to launch their own products and capture more profits for themselves.
From the Magazine (May–June 2024)
· Long read
Summary.
Celebrities have shifted from endorsing established brands to being influencers for established brands to drawing on their influence to create brands themselves. The authors examine what it takes to make celebrity brands work.
A version of this article appeared in the May–June 2024 issue of Harvard Business Review.
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