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Game On: 10 Famous Athletes Running Successful Lifestyle Brands
Many athletes have carried their success off the field to start their own lifestyle brands, especially in the worlds of fashion and beauty.
While some have collaborated with existing labels, others have chosen to start from scratch. From Serena Williamsâ fashion line to David Beckhamâs grooming products for men, we look at some athletes who are making their mark in the industry with lifestyle brands ranging from leisure to luxury.
These famous sportspersons are running their own lifestyle brands -
Serena Williams
Winner of 23 Grand Slams, the highest by any player in the singles competition of the Open Era, tennis ace Serena Williams launched her fashion line S by Serena in 2018. Her clothes are designed to cater to diverse body shapes and sizes. Her label sells a range of jackets, trousers, skirts, leggings, jumpsuits and jewellery. She showcased her Autumn/Winter collection at New York Fashion Week in September 2019.
Before starting the brand, she spent two years studying fashion at the Art Institute of Fort Lauderdale in Florida, US. She has previously designed for Home Shopping Network on a collection of statement jewellery and fashion accessories, and in 2019, collaborated with Nike to tap on a team of emerging New York City designers for a range of footwear and apparel.
Cristiano Ronaldo
The Portuguese footballer, who plays for Italian Serie A club Juventus, is one of the biggest and highest-paid players in the world of sports. Using his initials and his jersey number, Ronaldo launched CR7, a fashion boutique in Funchal on Portugalâs Madeira Island in 2006. The lifestyle brand has since expanded around the world and today includes high-end denim, eyewear, underwear, footwear and fragrances. Fun fact: Ronaldo is so popular that astronomers named a galaxy CR7 in his honour in 2015.
Maria Sharapova
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The former tennis star became the co-owner of Supergoop, a UV-focused skincare company founded by Holly Thaggard, in 2014. The company has a wide range of sunscreen products for all skin types and tones. Sharapova also owns Sugarpova, a company she founded in 2012. Selling sweets and candies, the brandâs revenue, according to Forbes, was around US$20 million as of 2019. Expanding her business portfolio in 2020, she also invested in the wellness company Therabody which is best known for its Theragun â a hand-held massage device.
Virat Kohli
The only Indian on Forbesâ highest-paid athletes list of 2020, Kohli has become the face of many renowned brands like Audi, MRF and Philips India. In 2014, Kohli became the co-owner of luxury fashion and accessories brand Wrogn with Universal Sportsbiz. He is also the ambassador of the brandâs menâs lifestyle products such as T-shirts, casual shirts, jeans, eyewear, sneakers and caps. Wrogn is one of the sponsors of the Kohli-led Royal Challengers Bangalore since the 2018 edition of the Indian Premier League (IPL).
The Indian national team skipper also launched One8, a shoes and accessories brand, in collaboration with Puma in 2017. According to Forbes India, One8 earned a revenue of around US$18.9 million by June 2019. Among other ventures, he co-owns the London-based social networking startup Sport Convo, has a restaurant named Nueva in New Delhi, and owns the Chisel India chain of fitness centres across the country.
Venus Williams
In the world of fashion, the multiple-time Grand Slam champion is best known for her ready-to-wear line called EleVen. The brand was originally launched in 2007 with the now-defunct retailer Steve & Barryâs, but was relaunched in 2012. EleVen sells everything from beauty products to activewear for all sizes.
Like her younger sister Serena, Venus has studied fashion design at the Art Institute of Fort Lauderdale. She launched EleVen the same year she graduated. She also owns the interior decoration firm V Starr Interiors and has invested in the wellness brand Astura. Her latest venture is Happy Vikings, a plant-based protein shake brand launched in December 2020.
Lukas Podolski
The German football legend started his streetwear line Strassenkicker in 2016. The company produces T-shirts, hoodies, tracksuits, caps and accessories reflecting a thematic connection to Podolskiâs hometown Cologne. In 2020, he launched Strassenkicker Base, a gaming arena, with Japanese internet service company Rakuten. It has five artificial grass soccer pitches, two multifunctional pitches for futsal (a form of indoor soccer) and a panna cage (for street soccer game panna), along with space for wheelchair sports and e-gaming.
David Beckham
One of the worldâs most famous fashion icons, the retired English footballer owns a few luxury lifestyle brands and endorses many others. House99 is a menâs grooming brand Beckham founded in partnership with LâOrĂŠal Luxe in 2018. Products that are sold under the label include body wash, beard and hair balm, eye balm and shaving cream among others. He also has his own line of fragrances.
In 2019, he gained complete ownership of Beckham Brand Holdings, a company he founded in 2014 with entertainer Simon Fuller. The company manages his partnerships and brands and has stakes in his ventures such as Seven Global and Major League Soccer (MLS) club Inter Miami FC. Seven Global is a joint venture created by Beckham and Global Brands Group in 2015 which oversees the development of all consumer product categories he is associated with.
Dwyane Wade
When the National Basketball Association (NBA) giant signed a lifetime deal with Li-Ning for the Way of Wade 7 signature shoe in 2018, he became only the fourth athlete in the world to have a lifetime sneaker deal. Wade also has his own line of ties with The Tie Bar and custom line of luggage with Away.
He introduced affordable socks under the brand name Pkwy in collaboration with American sock company Stance. In 2017, Wade collaborated with the founders of Dsquared2 on a capsule collection sold exclusively at Saks Fifth Avenue. He also has his own California wine brand called Wade Cellars in partnership with his friend, vintner Jayson Pahlmeyer. The series of wines comes under two labels: Wade, which is made from mostly Oakville fruit, and Three by Wade, whose grapes are sourced from Mendocino in California. The 2018 Wade Cellars Cabernet Sauvignon, the costliest on offer at US$95, is made from blackberry and black currants mixed with red cedar and holiday spice. In 2020, Wade Cellars announced that it will donate US$10 to the Social Change Fund for every purchase of The Social Change Bundle â comprising a bottle each of 2018 Wade Cellars Cabernet Sauvignon and 2018 Three by Wade Cabernet Sauvignon, and a limited-edition Wade Cellars Hat.
Mahendra Singh Dhoni
Besides being the face of numerous products, Indian cricketer MS Dhoni launched his own lifestyle brand Seven in 2016. Known for athletic and luxury apparel and footwear, it is the official clothing and merchandise partner of the IPL team Chennai Super Kings â a team for which Dhoni plays. In 2019, he became an investor in online used cars marketplace called Cars24.
Michael Jordan
Though it is a partnership with Nike, the basketball legendâs Air Jordan is an internationally famous shoe line launched as a franchise in 1984. According to his agent David Falk, âthe upstartâ Nike expected to sell shoes worth US$3 million by the end of the initial four years but went on to earn a whopping US$126 million in the first year itself. The phenomenal success of the line made Nike turn Air Jordan into a sub-brand in 1997. In 2019, Forbes reported that the shoemaker made US$3.14 billion in the fiscal year ending in May from this line, with Jordanâs share amounting to US$130 million.
On Dec. 21, 2019, Quartz reported that Nike CEO Mark Parker told investors on a call that the âJordan brand, on a wholesale equivalent basis, just earned its first $1 billion quarterâ. The line is also noteworthy because all Air Jordans launched since 1986 have the iconic logo of Jordan leaping in the air with a basketball instead of Nikeâs own swoosh.
(Featured and main image: EleVen by Venus Williams/Facebook)
The post Game On: 10 Famous Athletes Running Successful Lifestyle Brands appeared first on Prestige Online - Hong Kong.