You'd think that a celebrity endorsement would
be a surefire way to get a business off the ground—but that's not
always the case, as these seven celebrities and their epic business
fails prove, the
Huffington Post notes:
- Natalie Portman:
She tried to hawk vegan shoes in 2008, but for $200 a pop, they weren't
very recession-friendly. Té Casan, the store that partnered with
Portman, ended up going under less than a year after the shoes were
launched.
- J.Lo: Jennifer Lopez opened Latin eatery Madres in Pasadena, Calif. in 2002. The star-studded opening reflected the restaurant's pricey fare, with dishes running between $30 and $50. Despite the prices and negative reviews, Madres stayed open six years before closing its doors. No distinct reason was given for the closing. Lopez has also seen fashion ventures go under. Her JLO line ceased to be profitable
and was closed in 2007, followed by the closure of clothing lines
JustSweet and Sweetface. Still, Lopez has persevered through the
failures, releasing a diverse, 51-look line for the department store Kohl's last year.
-
- Britney Spears:
Soon after opening her New York restaurant Nyla, the eatery began to be
plagued with complaints about bad food and poor service. Health code
violations probably didn't help, nor did a drastic menu change; Spears
eventually abandoned the project.
Click for the
entire list, including one celebrity who purchased an entire town for $20 million—only to sell it for $1 million four years later.
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