What’s in a Name (Brand)?
Apple identifies itself with an apple; McDonald’s with its golden arches, and Nike with its swoosh. Does Starbucks’ green mermaid enjoy the same graphic brand recognition without accompaniment of its name?
In unveiling its new no-name logo yesterday, Howard Schultz, Starbucks’ CEO, explained that the 40-year-old company had moved away from its core coffee offerings and the new logo was “more suitable” for the future of its business. Signaling that the company has broadened its branded product line by dropping the word “Coffee” from its identity makes sense, but why drop “Starbucks” too?