Tag Heuer Plays Up Ties With Tiger Woods

Branding is a tricky thing. Celebrity spokesmen come and go. A hint of scandal can drive a company to dump an affiliation with a famous endorser -- or not.The Tiger Woods scandal caused global consulting firm Accenture (AON) to remove the golfer from all of its marketing programs. Gillette seems to have cut back on using Woods in %%DynaPub-Enhancement class="enhancement contentType-HTML Content fragmentId-1 payloadId-61603 alignment-right size-small"%%ads. Nike (NKE), however, has decided to stand by the golfer.

On Tuesday, watch company TAG Heuer put a photo of Woods on the front page of all eight of its websites, according to CNBC. A check of the websites shows that each displays Woods' image with a headline reading: "TAG Heuer Stands with Tiger Woods." In a statement on the sites, Jean-Christophe Babin, President and CEO of the company, says, "The partnership with Tiger Woods will continue."

There is no explanation for TAG's action. It may be that, like Nike, the watch company believes loyalty to a long-time partner will play better with the public than turning a cold shoulder to someone in trouble. Woods will never get back all of his endorsements, but some of the companies may stand by him. Backing a wounded hero could have unexpected benefits.

Douglas A. McIntyre is an editor at 24/7 Wall St.

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garyneal

That is hard to react to poor public relations with your branding. The fact the Tiger Woods was associated with anything was hard for people to get over. I know some people that stopped using Nike because Tiger was associated with it. Luckily he wasn't associated with my favorite Swiss Chronograph because I love it when people where them. They look so good. http://thepremiumwatch.com

July 06 2011 at 11:57 AM Report abuse rate up rate down Reply