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Tiger Woods' Sponsor: 'There Is Zero Damage'

First Posted: 05/01/10 06:12 AM ET Updated: 05/25/11 04:40 PM ET

Tiger Woods Sponsor Tag Heuer
Tiger Woods

Tiger Woods has lost a handful of sponsors since his post-Thanksgiving car crash led to the public outing of a series of alleged mistresses. Accenture was the first major company to drop Woods, followed in December by AT&T. Just last week, Gatorade also dumped the golfer.

The abandonment is not universal, however. Nike continues to back Woods, and new comments from Jean-Christophe Babin, CEO of Tag Heuer, suggest the watchmaker won't be leaving Tiger anytime soon.

Babin tells the Sydney Morning Herald that the company has scaled back Woods advertising "in the countries where the issue is quite sensitive," including the United States. The observation is interesting because just days after announcing in December that it would drop Woods from its U.S. campaigns, Tag Heuer prominently featured him on its web site next to the large text, "TAG HEUER stands with TIGER WOODS."

In other markets, Babin claims Woods' affairs have benefited the watchmaker. Tag Heuer has continued to feature Tiger's likeness in China:

"In China conversely you have Tag Heuer with Tiger Woods everywhere because [with] the Chinese it rather increases their esteem," he said. "In China, by tradition, your success is measured by your number of mistresses."

The CEO added that "China is a good example" of a market that has "bounced back already spectacularly." Overall, he says, "there is zero damage" -- a sharp contrast to the study concluding that Woods' scandal generated a $12 billion fallout.


Women linked to Tiger Woods

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Tiger Woods has lost a handful of sponsors since his post-Thanksgiving car crash led to the public outing of a series of alleged mistresses. Accenture was the first major company to drop Woods, follow...
Tiger Woods has lost a handful of sponsors since his post-Thanksgiving car crash led to the public outing of a series of alleged mistresses. Accenture was the first major company to drop Woods, follow...
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HUFFPOST SUPER USER
24kgold
08:55 PM on 03/02/2010
Gatorade dropped Tiger? That was a dumb move...... It's Gatorade!
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HUFFPOST SUPER USER
Lordcron
Get on my Left if you know you ain't Right!
08:13 AM on 03/02/2010
I'm over it already! So many people are attempting to hate on this man for something they have no business knowing about anyway.

I like the man just because everyone else hate him. I'm not buying into the tragedy thing.
02:08 AM on 03/02/2010
In the words of Chapelle:

I'm Tiger Woods, b|+ch.
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HUFFPOST SUPER USER
realitytrumpsbull
two 'alves of coconut!
11:56 PM on 03/01/2010
TAG Heuer is another Big Watch company. What goes with the Big Watch? Money, and 'the life' As Seen On TV. You see Tiger Woods on TV, and the next thing you see is a car commercial. You're supposed to want the car, you're supposed to want the Big Watch. But, one thing you won't see after seeing Tiger Woods is a TV commercial for a divorce attorney, or an auto body repair shop. Why? That'd be TOO real.

The most I've ever spent on a watch was $40. It was a Big Watch, sort of, and it lasted me a couple years. Then, one day, I lost it, and I was really glad I didn't spend $3,000 or more on it, which is what a Big Watch can cost you. They can keep Tiger Woods, and they can keep their watches, too. And I don't have to watch the guy on TV, either.
01:00 AM on 03/02/2010
Funny, there's ad ad popping up as I read this and your comment: Tag Heuer watches from $49. http://www.watchesfit.com/tag_heuer-watches.html

There's this idea you should have an expensive watch & car. To show the world you've arrived. It's such bunk; I completely agree with you.
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YLS2007
God didn't make man; man made gods
09:25 PM on 03/01/2010
I think Tag Heuer means adulterer in German.
08:16 PM on 03/01/2010
All of the companies who dropped Woods will be sorry. Woods will be winning in golf for the next 30 years. If they want him back i'll make them pay big time.
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HUFFPOST COMMUNITY MODERATOR
Winthorpe
Need a fourth for squash
10:10 PM on 03/01/2010
Reverend! I hope that he makes them beg, mulls their offers over, and chooses other sponsors.
07:15 PM on 03/01/2010
tiger don't do it.

they just want you DNA for golf clones so they can finally beat the Japanese at their own game...
05:39 PM on 03/01/2010
Time will Tell
05:25 PM on 03/01/2010
Ugh. I really wish Huff Po would stop giving a "women linked to Tiger Woods" synopsis after every Tiger Woods article. How tacky.
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05:58 PM on 03/01/2010
The truth hurts.

This is not just _a_ mistress but a grotesque, pathological string of infidelities that is unlike anything else I can think of either in a historical or pop culture context.
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HUFFPOST COMMUNITY MODERATOR
Winthorpe
Need a fourth for squash
06:08 PM on 03/01/2010
The truth, according to you? To these "mistresses?" In most cases, the media has not bothered to confirm their stories.
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HUFFPOST SUPER USER
Caribbeana
:)
06:32 PM on 03/01/2010
Lol. Lot of self righteousness here. You must have never heard of Warren Beatty.
I almost thought you were being sarcastic.
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05:14 PM on 03/01/2010
What happens in China stays in China--motto of traveling businessmen traveling in China.
04:34 PM on 03/01/2010
"Get 'em Tiger" ~ Maino
04:30 PM on 03/01/2010
Also too (grin) me sees him pulling more than his golf clubs in the near future
04:27 PM on 03/01/2010
Me sees a future for Tigger......golfin' and playin' in China.....
03:26 PM on 03/01/2010
It's the year of the Tiger.
02:58 PM on 03/01/2010
man...it really does far too much credit to these girls to refer to them as "mistresses".

what next, Domina?
05:35 PM on 03/01/2010
How about we just refer to the guys would exploit them as "hores"?