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September 26, 2004

Donald Trump - the fragrance

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Annys Shin wrote about The Donald's latest venture in Friday's Washington Post.

For only $60, you too can exude the sweet smell of bankruptcy - oops, I meant success.

Here's the story.
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For the Sweet Smell of Success, Lauder Offers an Eau de Trump

If real estate mogul and television star Donald Trump were distilled into a fragrance, what would it smell like?

Champagne? Newly minted bills?

Try a hint of mint and cucumber mixed with the scent of pepper and wood.

Donald Trump, the fragrance, will be making its debut at a Macy's or a Bloomingdale's near you, just in time for the Christmas shopping season.

The cologne for men, developed by Estee Lauder, will come in a skyscraper-shaped 3.4-ounce bottle - large by industry standards - capped by the golden Trump logo.

It will retail for $60.

"People want to become him, have a piece of him. The volume of books he sells is an indication. He's selling water," said Fabrice Weber, president of Aramis and Designer Fragrances, a division of Estee Lauder.

He was referring to "Trump Ice," Trump's line of bottled water.

And what is fragrance after all, but scented water?

Since "The Apprentice" has become a reality television hit, Trump has wasted little time churning out his own version of product tie-ins: books, a board game, a clothing line.

And there is more to come.

The 58-year-old billionaire has applied to trademark "You're Fired!" to use on clothing, games and casino services, and "Trump University" for a planned online business and real-estate-related educational services.

Trump could use the cash.

His casino business, Trump Hotels and Casino Resorts, is in debt $1.8 billion and has filed for Chapter 11 bankruptcy protection.

Talks on a proposed bailout deal were reported to have dissolved yesterday.

A need for green could explain Trump's zeal to license his name to products that have little to do with his core real estate and casino expertise - a strategy that could later backfire, experts say.

Until now, Trump products "all deal with the world of business... A fragrance is such a leap from what he is known for," said John Allen of Lippincott Mercer, a brand consulting firm.

"You can go from being an iconic brand to - not a joke, but you dilute it so much you're just a huckster."

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Comments

I can't believe it.

But it's true.

For only $60, you can smell like The Donald.

Wow! Gad zooks!

I can't wait 'til it is marketed.

The Donald is my hero.

Who else can fire people he never hired?

Who else can fire people who don't work for him?

Only The Donald can.

Golly Gee whiz!

Harold

Posted by: Harold Lerner | Dec 7, 2005 10:41:28 PM

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