Monday, October 22, 2012

Celebrity Scandal: Nike Severs Ties With Athlete Armstrong

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armstrong nike celebrity scandal
Its often disappointing when someone is stripped of his/her honours because he/she cheated. All those that marveled at your level of achievement will be like "he/she was a fraud". Nike Inc. has stood by athletes through a number of celebrity scandals over the years, but this week it became the first company to sever ties with Lance Armstrong in the wake of allegations that he used illegal drugs to boost his performance.

At least five other companies followed Nike's lead, highlighting the tricky relationship that evolves when marketers sign multimillion-dollar endorsement deals.

nike livestrong armstrong scandal 
'Nike is about `just doing it' and that doesn't mean drugs," said marketing consultant Laura Ries. "It means hard work and ethics and this flew in the face of it."

Makes me remember Marion Jones, she was so amazing and her exploits fascinated me until the doping scandal that sunk her career.

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