Social & Advertising · via Digiday

Why more celebrity-led brands are shutting down

18h ago · curated by Catalyst Web Trendz

Why more celebrity-led brands are shutting down

This story was first published by Digiday sibling Modern Retail . Shortly before this summer’s World Cup, where Lionel Messi made a global splash at the tournament, his hydration drink Mas+ shut down less than two years after its debut. Months later, the news was followed by a similar announcement by Unwell, the functional beverage brand by influencer and podcaster Alex Cooper. Unwell, a line of electrolyte, energy and protein drinks, will be discontinued this fall following the rollout of its Halloween-themed flavors. Celebrity-backed brands, once seen as surefire bets due to their founders’ built-in audiences, are increasingly facing a…

This is a curated summary. The full story was reported by Digiday.

Read the full story at Digiday
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