23 July 2015
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Pharrell Williams and Zaha Hadid have collaborated on a pair of Adidas shoes.
FEC filing suggests GOP presidential candidate has assets worth at least $1.5 billion
By HEATHER HADDON, REBECCA BALLHAUS and LAURA KUSISTO
Updated July 22, 2015 3:06 p.m. ET
Republican presidential candidate Donald Trump holds stakes in a sprawling network of real estate and entertainment companies from India to Turkey, his federal financial disclosure shows.
The filing with the Federal Election Commission, released Wednesday, was the first time the real-estate developer and television star had ever publicly tallied his holdings.
While the 92-page filing didn’t precisely quantify Mr. Trump’s wealth, it suggests he has assets worth at least $1.5 billion. Mr. Trump has said he is worth more than $10 billion.
A spokesman for Mr. Trump’s presidential campaign declined to provide further information about the candidate’s wealth. The campaign stated last week that Mr. Trump’s income for the year 2014 was $362 million, without including dividends, interest, capital gains, rents or royalties.
In the filing, Mr. Trump lists 515 companies in which he is a trustee, president, chairman or member. Many of the listed entities are limited liability corporations attached to Mr. Trump’s real-estate holdings, including properties in Panama, Istanbul, Mumbai, Puerto Rico and Dubai.
In addition to real estate, the holdings include ventures in golf, a helicopter air service, poker, casinos, books, food, restaurants and a vineyard. He has severed ties with 28 of the entities, since late 2013, according to the filing. The report doesn’t list why he cut ties to the companies.
Mr. Trump said he received a pension from the Screen Actors Guild as of July 2011. The pension was valued at $110,228. The form also included income made by Mr. Trump’s wife, Melania. It listed royalty income worth more than $100,000 from licensing agreements for her name, including for a skin-care company. The skin-care royalties were valued at less than a $1 million.
Mr. Trump reported receiving $1.9 million in income from seven paid speeches since February 2014. He spoke before real-estate associations, among other groups.
The filing shows mixed success on the many books he has published. The form lists 14 books published since 1987, of which he listed royalties above $201 for only three of the titles. “Time to Get Tough,” which he published in 2011, earned the highest royalties: at least $50,001. “The Art of the Deal,” from 1987 earned at least $15,001 in royalties.
The candidate disclosed no gifts or travel reimbursements on the form.
The form isn’t well-suited to account for the large figures Mr. Trump is reporting, and in several instances only allowed him to categorize his assets as “more than” a certain number.
Mr. Trump said it took a team of accountants about two months to complete the filing. He criticized other campaigns for asking the FEC for extensions while he submitted his in time.
“I wanted to get it done. I know what a great company I’ve built,” Mr. Trump said in an interview, last week. “I have no reasons to ask for the extensions.”
Mr. Trump, 69 years old, amassed a fortune early in his career on high-risk real-estate deals. But since he took a big financial hit during the early 1990s, he has limited his involvement in real-estate projects, focusing on licensing his name to other developers. That strategy protected him during the recent downturn in the real-estate market.
Among the projects in which he has invested significant amounts of his own money is the Trump International Hotel and Tower Chicago, the second-tallest building in that city.
Analysts said that Mr. Trump’s greatest asset as a real-estate developer is similarly his biggest advantage as a politician: his skill at self-promotion.
“He’s more brand than politician, but in today’s world that’s not a bad thing,” said James Fox, chief executive of Red Peak Branding, a brand-strategy firm. Where many politicians are trying to cultivate their personal brand, Mr. Trump already “has an excess of style,” he said.
Mr. Trump’s bombastic statements on the campaign trail, including his denigrating some Mexican immigrants as criminals, have harmed his brand. Since his campaign launch, a series of companies and brands canceled contracts with the businessman, and NBC severed ties with Mr. Trump as host of “The Celebrity Apprentice.”
Mr. Trump said the uproar has quieted and that he has experienced no additional business fallout from the remarks in the last week or two.
“It stopped. Everyone now says I’m right,” he said last week.
17 July 2015
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This is what 24 hours of flights over London looks like.
06 July 2015
Tokyo, Montréal and New York, NY, July 6, 2015 – kyu, the strategic operating unit of Hakuhodo DY Holdings Inc. of Japan (“HDY”), has acquired Sid Lee, a global creative company that creates transformative brand experiences by mixing advertising, experiential marketing, architecture/interior design, branded content and digital/social communications. Michael Birkin, kyu CEO, made the announcement today.
Based in Montréal, Canada, Sid Lee has offices in Toronto, Amsterdam, Paris, New York and Los Angeles in addition to its Montréal headquarters. The agency, which includes production arm Jimmy Lee as well as a 49 percent stake in architectural unit Sid Lee Architecture, has achieved a global reputation for its creative work. Within the industry, Sid Lee is recognized as an innovator – the Canadian trade publication Marketing Magazine has named it “Agency of the Year” four times since 2009. Its entries into award shows have garnered over 300 prizes at top-tier competitions including Cannes, D&AD. One Show, and Marketing Awards.
“Sid Lee is all about conceiving, creating, and producing transformative experiences communicated across all contact points. The agency and its work are recognized throughout our industry for originality and foresightedness as well as for its cultural relevance – all of which make it a wonderful fit for our group,” said Mr. Birkin. “With kyu, our goal is not to be the biggest. We aspire to be unlike anything that’s come before and are striving to be the best – to be a source of creativity that propels the economy and society forward. Sid Lee is a linchpin of our strategy and having its roots in the highly creative Montréal community is a massive bonus. Montréal immediately becomes a key center for kyu and we are also totally committed to supporting Sid Lee’s investment in important creative and innovative Canadian projects such as C2 Montréal.”
The agency joins Digital Kitchen, SY/Partners and Red Peak Group (Red Peak Branding and RPMC) in kyu, an international portfolio of marketing services companies created in 2014 with Mr. Birkin’s appointment as CEO.
“kyu is right for us in so many ways,” said Jean-Francois Bouchard, Sid Lee CEO. “We’ve always taken a broad view of and an exploratory approach toward creativity. With Michael at kyu’s helm, we can continue to push industry boundaries—which will also include geographic expansion. With the transaction, our goal is crystal-clear: we will build Sid Lee into a fully deployed global brand and network over the next decade. This expansion of a Canadian-born agency brand is a first for the advertising and marketing industry in Canada, but Sid Lee has been built on such a bold, future-looking approach.”
On that point, Bertrand Cesvet, Sid Lee Executive Chairman, adds, “We were looking for the proper way to expand our footprint to Asia while solidly maintaining our headquarters in Montréal. Teaming up with such a leading Asian organization will dramatically accelerate our achievement of this goal. That’s a huge benefit for us and for our clients. We will also grow our Montréal operation to be able to support our expanding network.”
Sid Lee’s entire current leadership team will remain in place. The headquarters of the company will remain in Montréal.
Financial terms of the deal were not disclosed.
About kyu: kyu, the strategic operating unit of Hakuhodo DY Holdings, was created in 2014 to ensure the continuous enhancement of specialization and innovation in the Hakuhodo DY Group. Michael Birkin heads kyu as CEO; its operating companies include SY/Partners; Red Peak Group (Red Peak Branding and RPMC) and Digital Kitchen.
About Sid Lee: Sid Lee is a creative services firm with 550 professionals working globally from offices in Montreal, Toronto, New York, Los Angeles, Paris and Amsterdam. Our company creates transformative consumer experiences for brands – across all contact points – leveraging true interdisciplinary collaboration. Rooted in strategic thinking, we offer multi-disciplinary services in the fields of branding, digital and social marketing, advertising, analytics, architecture and retail design, branded content and entertainment. Named “Agency of the Year” four times since 2009, our company has earned a global reputation for its progressive work and the solid results it achieved for top-tier clients. Sid Lee is also the creator of C2 Montreal, a non-profit organization that produces C2 Montreal (www.c2mtl.com), the largest business innovation concert in the world.
For kyu: Lisa Sanders
For Sid Lee: Joëlle Paquette
02 July 2015
Trends are out early this week due to the 4th of July holiday. Happy 4th, if you're celebrating!
Amazing that no one thought of this before. Select AMC IMAX theaters have introduced massive multiplayer video games on the big screen.
25 June 2015
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The microwave is getting a makeover. (Say that 10 times fast). Freescale Semiconductor has created a microwave that can bake, poach, sear, brown and crisp food-- and it looks pretty cool, too.
Red Peak Branding Wins Lion at Cannes Lions Festival of Creativity in 2015
Strategy and Design Agency Takes Home Silver in Design
CANNES, FRANCE and NEW YORK, NY June 25, 2015 – Red Peak Branding, the strategy-and-design agency and member of Hakuhodo DY Holdings’ strategic operating unit kyu, was honored at the 2015 Cannes Lions Festival of Creativity, in Cannes, France, with a Silver Lion for its Intel Clear submission on Wednesday, June 24, 2015.
A jury of 16 judges reviewed a total of 2,409 entries in the overall design category. Red Peak’s Intel Clear proprietary font, created for client Intel Corp., was among the design crafts entry and the typography category. This is Red Peak’s first win of a Cannes Lion, one of the industry’s most recognized and prestigious awards.
“We are so pleased that the Cannes judges recognized the forward-thinking approach Intel took in supporting and funding this initiative,” said Stewart Devlin, chief creative officer, Red Peak Branding. “This was truly a design challenge and a massive undertaking, but one that reaps huge benefits – for Intel as a company, and its brand, and most of all in user experience. I’m incredibly proud of our entire team, and extend our thanks to Dalton Maag for being such a terrific partner on this.”
Intel Clear is a proprietary, global font created for Intel Corporation by Red Peak Branding. It was introduced in April 2014, and represents Intel’s continued commitment to leading innovation in all areas of technology. Read Intel Corp.’s official announcement of Intel Clear here.
Stewart Devlin, Chief Creative Officer, Red Peak Branding
Stephen Lipman, Production Director, Red Peak Branding
James Fox, Chief Executive Officer, Red Peak Branding
Liz Solomon, Group Account Director, Red Peak Branding
Andrew Haug, Creative Director, Red Peak Branding
Ryan Adair, Creative Director, Red Peak Branding
Sundi Brewer-Griffin, Account Supervisor, Red Peak Branding
Dalton Maag Design Team, Typographer
About Red Peak Branding: Red Peak Branding, part of Red Peak Group, is a branding agency staffed with some of the most renowned figures in the design and marketing industry. The agency was founded in 2010 by Michael Birkin with the vision of helping clients navigate an increasingly complex business and marketing landscape as they look to grow their brands. Red Peak Group became a founding member of the kyu collective, a division of Hakuhodo DY Holdings, in May 2014.
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This takes "shower beer" to a new level. Carlsberg has launched a line of cosmetic products, called the Beer Beauty Series For Men. And yes, they contain real beer.
12 June 2015
Here's a glimpse of what's been inspiring us around the studio this week.
3D printing is poised to disrupt a lot of industries--including faucet design.
10 June 2015
This article was originally published on Media Post on June 10.
Written by Larissa Faw.
Industry executive Susan Cantor is joining Red Peak Branding as President. In this newly created position, Cantor will be tasked with helping the 30-staff firm grow and retain new business.
Cantor will be based in New York City and report to James Fox, CEO, Red Peak Branding.