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Brand News: Chipotle Mexican Grill, Coca-Cola, Crocs, Liz Claiborne, Mattel, McDonald’s, Urban Outfitters

on Sat, 06/08/2013 - 18:54

Originally posted October 2011

Mattel (MAT) has released a Barbie doll with tattoos on her neck and shoulders, and wearing leopard print leggings, pink pleather mini skirt, sparkly silver shoes and a black top with heart and crossbones logo. Some parents have protested the doll could encourage children to disfigure themselves. Christian Science Monitor 10/20/11

McDonald’s Corp. (MCD) delivered appetizing third quarter overall sales growth of 5%, while spin off Chipotle Mexican Grill (CMG) served up a tasty third-quarter profit jump of 25% versus a year ago. MarketWatch 10/21/11

 
Brand name references to alcohol in rap, R&B and hip hop music may constitute a form of advertising, and could contribute to early use and substance abuse among adolescents, say University of Pittsburgh researchers. Addiction Journal 10/20/11 via Name Wire 10/21/11
 
Urban Outfitters (URBN) has removed the word "Navajo" from product names on its website in the wake of criticism from the Navajo Nation government, bloggers and others, who viewed the usage as disrespectful and a trademark violation. Critics found the use of the Navajo name on products including a flask and ‘hipster panty’ to be particularly offensive but the company initially defended the product names stating, in part, “…like many other fashion brands, we interpret trends and will continue to do so for years to come…” The Associated Press10/20/11
 
Shares of Crocs Inc.(CROX) lost almost 40% of their value after the shoe maker lowered its third-quarter profit and sales forecast – even though they still project a sales gain of 27%. MarketWatch 10/18/11
 
Coca-Cola (KO) is still the world’s most valuable brand, according to Interbrand. Download report here.
 
The Liz Claiborne brand has been sold to JCPenney (JCP). Liz Claiborne Inc. (LIZ), the owner of remaining brands Kate Spade, Lucky Brands, and Juicy Couture, has 12 months to find a new name. Name Wire 10/13/11
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