June 24 - No easy path for food brands reckoning with race | Goldman Sachs hires 1st CMO
Goldman Sachs hires AT&T chief brand officer Fiona Carter as 1st CMO; Chrysler uses parenting humor, remote filming in new Pacifica video ad; North Face, Patagonia, REI boycott Facebook after calls from civil rights groups; Eskimo Pie will rebrand to be 'part of the solution on racial equality'
Remaking Aunt Jemima or Uncle Ben, where the characters are baked into brand identity, will require heavy investments. A pandemic-related windfall could help.
Ben & Jerry's, Eddie Bauer and Arc'teryx have joined the #StopHateforProfit campaign, which seeks to pressure the social network into being much more aggressive about removing hate speech from its platform.
If brands fail to take a clear and purposeful stand, they could face harsh consumer scrutiny that places lingering effects on business, write Mark Curtis and Bill Theofilou of Accenture.
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