Top 101 business blunders of 2002
"Click Me"
Highlights:
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14 Michael Ovitz is interested in buying one. Just don't tell him about the "Chinese health balls."
Nokia (NOK) subsidiary Vertu launches a line of high-end cell phones built out of precious metals like gold and platinum, with prices ranging from $4,900 to nearly $20,000. "This is an experiment in exquisite design and craftsmanship," designer Frank Nuovo explains. "There's a size-to-proportion balance that has a calming effect, like Chinese health balls."
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19 To: Dean Kamen. Re: Vibrating Segway?
Shortly after Mattel (MAT) releases its Nimbus 2000 broom as part of its line of Harry Potter toys, the vibrating device begins getting the wrong sort of customer raves. "I'm 32 and enjoy riding the broom as much as my 7-year-old," says one enthusiastic mother on Amazon. "My only complaint is, I wish the batteries didn't run out quite so quickly." Mattel stops making the toy, but denies that the unintended value-add is the reason. Says a spokesperson: "It's just not a continued product in our line."
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20 That's OK. We heard they all had a nasty stain on them, anyway.
In April, Abercrombie & Fitch (ANF) starts selling a line of Asian-themed T-shirts with slogans like "Wong Brothers Laundry Service: Two Wongs Can Make It White." After a firestorm of outraged complaints, A&F pulls the line. "We thought everyone would love this T-shirt," A&F spokesman Hampton Carney says. "We are truly and deeply sorry."
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24 Whiffed pitch No. 3: dead spokespeople.
To promote the release of its videogame Shadow Man: Second Coming, the London office of Acclaim Entertainment (AKLM) seeks volunteers who'll allow the company to put ads on the headstones of deceased relatives. Explains an Acclaim spokesperson: "It's a dark, gory type of game, and we thought it was appropriate to raise advertising to a new level."
:lol: