Damiani unveiled its latest diamond jewelry collection with embattled actress Sharon Stone as the company's model/spokesperson. Stone got in a heap of trouble recently when she made controversial public statements during an interview. The Basic Instincts star said China's earthquake, which killed over 60,000 people and devastated the country, could have been the result of bad karma over the Chinese government's treatment of the Tibetan people.
As a result of the uproar, Stone was dropped by Christian Dior from its Chinese adverts.
Read about the karma controversy below
Celebrity Jewelry Models
Sharon Stone for Damiani
Trend Themes
1. Celebrity Endorsements - Opportunity for brands to collaborate with celebrities as model/spokespersons for their products.
2. Controversial Public Statements - Increased scrutiny on celebrities' public statements opens up opportunities for brands to navigate and align themselves with controversy.
3. Crisis Management - Demand for effective crisis management strategies in the face of backlash and controversy involving brand ambassadors.
Industry Implications
1. Luxury Jewelry - There is potential for luxury jewelry brands to partner with celebrities as brand ambassadors to boost brand recognition.
2. Fashion - Opportunity for fashion brands to collaborate with celebrities and leverage their star power for promotion, while also managing potential reputation risks.
3. Public Relations - Growing need for effective public relations firms to help brands navigate and manage controversies involving brand ambassadors.