rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Google takes fizz out of Coke

Google takes fizz out of Coke

Last updated on: February 19, 2010 10:53 IST

Google takes fizz out of Coke

     Next

Next
BS Reporter in Mumbai

Retail giant Walmart retained the top spot, while search giant Google toppled Coca-Cola to became the second-most valued brand among the global Top 500.

The ranking was done by Brand Finance, a UK-based leading brand valuation consultancy.


Image: People are seen leaving the Walmart in Westbury, New York.
Photographs: Shannon Stapleton/Reuters
     Next

Google rose from number five

Prev     Next
Prev

Next

Walmart's brand value increased two per cent this year. In the annual survey, Google rose from number five last year to number two.

Other technology brands in the top 10 were:

  • IBM (4),
  • Microsoft (5),
  • and HP (9).

GE, HSBC, Vodafone and Toyota completed the top 10 list.


Image: The Google logo is seen on the top of its China headquarters building behind a road surveillance camera in Beijing.
Photographs: Jason Lee/Reuters
Prev     Next

Tata is ranked 64

Prev     Next
Prev

Next

Among Indian brands, Tata ranked a high 64, while Reliance was ranked 107.

The State Bank of India was ranked 186, while Airtel was placed 288.

Wipro was at 379, while Infosys Technogies was ranked 423. Among banks, ICICI was ranked 439.

"During the recession value-for-money brands have done well including Walmart, Coca Cola, Tesco, to name a few.

"Many luxury brands have slipped but a small number of iconic luxury brands have done remarkably well. For example, Christian Dior and Porsche," explains David Haigh, CEO of Brand Finance plc.

Brand battle

Ranking

Name

Brand Value ($ Mn)

2010 2009 2010 2009
1 1 Walmart 41,365 40,616
2 5 Google 36,191 29,261
3 2 Coca-Cola 34,844 32,728
4 3 IBM 33,706 31,530
5 4 Microsoft 33,604 30,882


Image: A worker cleans a vehicle of Tata Motors inside a showroom in Hyderabad.
Photographs: Krishnendu Halder/Reuters
Prev     Next

Airlines and retail were hit the most

Prev     Next
Prev

Next

Suffering most were non-essential sectors like airlines and retail.

Of the top five airline brands, only Singapore Airlines, which came out top in that sector, climbed the table.

The biggest airline 'fallers' were Japan Airlines, American Airlines and British Airways, down 181, 169 and 117 places, respectively.


Image: A British Airways Jumbo Jet takes off from the Heathrow Airport.
Photographs: Toby Melville/Reuters
Prev     Next

McDonald's remains the 2nd most valuable retail brand

Prev     Next
Prev

Next

In the retail sector, excluding Walmart, the picture is grim, notes Brand Finance.

The only other retailers to climb were Walmart-owned ASDA, up from 107 to 80; H&M, which rose from 146 to 93 and Home Depot, up from 24 to 21 in the overall Global 500.

McDonald's remains the second most valuable retail brand, despite slipping from 12 to 17 in the Global 500.


Image: A McDonald's restaurant in Washington D.C.
Photographs: Larry Downing/Reuters
Prev     Next

Tesco's brand value rises significantly

Prev     Next
Prev

Next

Tesco, which has aspirations of international expansion itself, is listed in the food sector rather than retail, but saw its brand value rise by a significantly higher rate than Walmart - up 26 per cent to $20.7 billion.

However, its brand value remains only half that of its American rival.


Image: A shopper carries Tesco bags outside a branch of the supermarket, in west London.
Photographs: Toby Melville/Reuters
Prev     Next

Blackberry: Every businessman's favourite accessory

Prev     Next
Prev

Next

Of the 'new' iconic brands, every businessman's favourite accessory, Blackberry, appears in the Global 500 for the first time, while Apple has climbed from 27 to 19, with a 45 per cent increase in its brand value.

Santander, the Spanish banking group, rises from 41 to 12, increasing in brand value by 136 per cent.


Image: A person poses while using a Blackberry Bold 2 smartphone at the Research in Motion headquarters in Waterloo.
Photographs: Mark Blinch/Reuters
Prev     Next

Google takes fizz out of Coke

Prev     More
Prev

More

Although Asia only experienced a 31 per cent growth in brand value, it continues to perform well, particularly in India and China where bank brands have grown by 137 per cent and 58 per cent respectively, says the report.

Brand Finance, headquartered in London, first issued its global report into the relative equity of the 250 top global brands back in 2007.

In 2008, the study was extended to analyse the top 500 brands worldwide. The Global 500 report is published annually and incorporates data from all listed companies globally.

Each brand is accorded a brand rating: a benchmarking study of the strength, risk and future potential of a brand, relative to its competitor set, as well as a brand value: a summary measure of the financial strength of the brand.


Image: Bottles of Coca Cola on display in a store in New York.
Photographs: Lucas Jackson/Reuters
Prev     More
Source: