- Trump names China hawk Howard Lutnick commerce secretary
- SpaceX set for Starship's next flight -- with Trump watching
- Top-selling daily French daily Ouest-France stops posting on X
- Russian invasion toll on environment $71 billion, Ukraine says
- New Botswana leader eyes cannabis, sunshine to lift economy
- China's Xi urges 'strategic' ties in talks with Germany's Scholz
- COP29 negotiators strive for deal after G20 'marching orders'
- Walmart lifts full-year forecast after strong Q3
- Son of Norwegian princess arrested on suspicion of rape
- US lawmaker accuses Azerbaijan in near 'assault' at COP29
- Spain royals to visit flood epicentre after chaotic trip: media
- French farmers step up protests against EU-Mercosur deal
- Burst dike leaves Filipino farmers under water
- Markets rally after US bounce as Nvidia comes into focus
- Crisis-hit Thyssenkrupp books another hefty annual loss
- Farmers descend on London to overturn inheritance tax change
- Floods strike thousands of houses in northern Philippines
- SpaceX set for Starship's next flight, Trump expected to attend
- Several children injured in car crash at central China school
- Urban mosquito sparks malaria surge in East Africa
- Many children injured after car crashes at central China school: state media
- Asian markets rally after US bounce as Nvidia comes into focus
- Tens of thousands march in New Zealand Maori rights protest
- Five takeaways from the G20 summit in Rio
- Parts of Great Barrier Reef suffer highest coral mortality on record
- Defiant Lebanese harvest olives in the shadow of war
- Divided G20 fails to agree on climate, Ukraine
- Can the Trump-Musk 'bromance' last?
- US to call for Google to sell Chrome browser: report
- Trump expected to attend next Starship rocket launch: reports
- Stocks, dollar hesitant as traders brace for Nvidia earnings
- Biden in 'historic' pledge for poor nations ahead of Trump return
- Tropical storm Sara kills four in Honduras and Nicaragua
- Spanish resort to ban new holiday flats in 43 neighbourhoods
- Phone documentary details Afghan women's struggle under Taliban govt
- G20 wrestles with wars, 'turbulence' in run-up to Trump
- Stocks, dollar hesitant as traders eye US rate outlook, Nvidia
- G20 wrestles with wars, climate in run-up to Trump
- G20 host Brazil launches alliance to end 'scourge' of hunger
- Stocks, dollar hesitant as traders scale back US rate cut bets
- Trump confirms plan to use military for mass deportation
- UN climate chief at deadlocked COP29: 'Cut the theatrics'
- Tractor-driving French farmers protest EU-Mercosur deal
- Floods hit northern Philippines after typhoon forces dam release
- Markets mixed after Wall St losses as traders weigh US rates outlook
- Law and disorder as Thai police station comes under monkey attack
- Philippines cleans up as typhoon death toll rises
- Long delayed Ukrainian survival video game sequel set for release amid war
- Philippines cleans up after sixth major storm in weeks
- Markets swing after Wall St losses as traders weigh US rates outlook
CMSC | -0.12% | 24.595 | $ | |
CMSD | -0.33% | 24.31 | $ | |
RBGPF | -0.74% | 59.75 | $ | |
BTI | 0.72% | 36.945 | $ | |
RIO | 0.41% | 62.375 | $ | |
GSK | -0.72% | 33.45 | $ | |
SCS | -0.57% | 13.125 | $ | |
RYCEF | -2.54% | 6.68 | $ | |
BCC | -2.23% | 138.45 | $ | |
RELX | 0.57% | 45.3 | $ | |
BP | -1.36% | 29.025 | $ | |
JRI | 0.12% | 13.246 | $ | |
AZN | 0.58% | 63.76 | $ | |
VOD | -0.28% | 8.895 | $ | |
BCE | -0.09% | 27.205 | $ | |
NGG | 1.23% | 63.683 | $ |
Expect more product placement at Olympics, says IOC
The Olympics is set to feature more and more high-profile product placement in a major departure from the past when brands were kept away from the sport, the International Olympic Committee (IOC) said Wednesday.
The Paris Olympics, which wrap up on Sunday, have been notable for the prominent branding opportunities given to French luxury giant LVMH and phone maker Samsung.
"It's really the direction we want to go in," Anne-Sophie Voumard, managing director for television and marketing at the IOC, told reporters on Wednesday.
"We want to remain very, very unique in the sense that we are a property where there is no (advertising) visibility on the field of play.
"But we want to work with our partners to enable them to integrate their products in the most organic way into the delivery of the Games... It's a conscious and desired direction and we will have changes in the next Games in this area," she added.
The IOC has long had a lucrative corporate sponsorship programme with brands such as Toyota, Coca-Cola and Visa.
But no advertising has been allowed on sports fields or at venues, depriving the Switzerland-based IOC of extra revenue.
During the July 26-August 11 Paris Olympics, LVMH-owned Louis Vuitton is highly visible during the podium presentations when trays with its branding are used to carry the medals.
The company's logo and trunks also featured during the opening ceremony, including in a lengthy video segment.
In another innovation in Paris, a Samsung flip phone is carried to winning athletes as they stand on the podium so that they can take a selfie.
"Athletes are not allowed to bring personal belongings or phones onto the field of play," Voumard explained. "By partnering with Samsung, we're able to capture that very unique moment for them."
Coca-Cola also succeeded in placing golden bottles with some athletes during the July 26 opening ceremony along the River Seine.
Michael Payne, a former head of IOC marketing, told AFP last week that the IOC would face a delicate balancing act in finding opportunities for its sponsors, as well as those that team up with host cities.
"The direction of stylish sponsor product placement may not be wrong but needs exceptionally careful management," he told AFP.
He said LVMH "got a massive free global ad" during the opening ceremony and "other partners are all going to be asking, how did that work?"
Voumard added that the IOC was still searching for its first premium sponsor from India.
"We would love to welcome a first new top sponsor from India. I'm sure that this is going to happen very soon," she said.
L.Peeters--CPN