One of the go-to marketing strategies for fashion, beauty, sports and luxury brands is leveraging celebrity influence, naming TV and film stars, performers and sportspeople as “brand ambassadors” or “friends of the brand”.
From Oscar-winning actress Julia Roberts’ reportedly US$50mil (RM212mil) deal with Lancome to tennis legend Serena William’s US$55mil (233mil) deal with Nike, brands are willing to pay top dollar to get the biggest stars to endorse their products.
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