Healthy branding.HERBALIFE International Inc. is banking on biking to better its brand image. The Inglewood-based nutritional products company has signed a multi-year agreement with the Anschutz Entertainment Group The Anschutz Entertainment Group (AEG) is a sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. The company owns or operates several major entertainment/sporting venues, including Staples Center and The Home Depot Center and beginning in to sponsor the Amgen Tour of California The Amgen Tour of California is a professional cycling stage race on the UCI America Tour and USA Cycling Professional Tour that made its debut on February 19, 2006. Sponsored by the biotechnology company Amgen, the eight-day race covers between 650-700 miles (1,045 - 1,126 km). , a cycling race that will debut in February. Herbalife will be the exclusive nutrition sponsor of the event, which is owned and operated by AEG AEG Aeger (Latin: Sick) AEG Allgemeine Elektrizitäts-Gesellschaft (Common Electricity Company) AEG Aircraft Evaluation Group AEG Association of Engineering Geologists AEG Air Expeditionary Group . Herbalife recently has been aggressively pursuing sponsorship deals with sporting events. Last year, the company started its relationship with AEG, which runs the Staples Center This article has multiple issues: * Its neutrality is disputed. * It may contain original research or unverifiable claims. * It does not cite any references or sources. and the Home Depot Center. Herbalife became the official nutrition sponsor of the Home Depot Center along with other AEG events and initiatives. Also last year, Herbalife announced it entered into a four-year, multi-million dollar sponsorship of the AVP AVP arginine vasopressin. Pro Beach Volleyball Tour. The company sponsors individual volley ball athletes, including 2004 Olympic bronze medalist Elaine Youngs. The moves are part of the Herbalife's efforts to link the healthy life with its products, including Shapeworks weight management program, Liftoff energy drink, and NouriFusion skin care. "The Tour of California is another of our initiatives to associate the Herbalife brand with health, fitness and community service," said Greg Probert, Herbalife's president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , in a statement. Under the direction of Michael Johnson, who became its chief executive in 2003, Herbalife has been trying to polish its image, which was tarnished by reports of questionable business practices in recent years. Johnson knows a bit about branding after spending 17 years at Walt Disney Co. prior to taking charge of Herbalife. |
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