https://ift.tt/3xVvhZz
Thursday, July 22, 2021
Tokyo Olympics' economic losses will be 'enormous,' says Suntory CEO
Olympic sponsors have been left frustrated at the absence of spectators at the majority of Olympic events. Not only do they risk losing their returns on investment and high-profile tickets for the events for their executives and clients, some have expressed fears of a consumer backlash. Japanese companies had paid a record $3 billion dollars to sponsor the Games -- and many had paid out extra to extend contracts after the Games were postponed beyond 2020. CNN's Selina Wang speaks exclusively with Olympic sponsors and the CEO of Suntory, one of Japan's biggest beverage makers, who says the Games are losing their commercial value.
https://ift.tt/3xVvhZz
https://ift.tt/3xVvhZz
Subscribe to:
Post Comments (Atom)
The United Nations successfully transferred over one million barrels of oil from a decaying tanker off the Yemen coast. United Nations Devel...
-
Members of Congress are urging Secretary of State Antony Blinken to pressure China to do more to curb the flow of fentanyl and synthetic opi...
-
A couple abandoned their baby at an airport check-in desk in Tel Aviv, Israel after arriving without a ticket for the child. https://ift.tt...
-
Britain's King Charles has remembered the late Queen on the first Mother's Day in the UK since her death. https://ift.tt/IqsTXdt
No comments:
Post a Comment