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Black Stats
Frequently requested
data on African American consumers
Black Buying Power:
$679 Billion (2004)
Black U.S. Population:
38.3 million
Top Five Black Cities
- New York
- Chicago
- Detroit
- Philadelphia
- Houston
Top Five Black Metros:
- New York-New Jersey
- Washington-Baltimore
- Chicago-Gary
- Los Angeles
- Philadelphia
Top Five Expenditures:
- Housing 110.2 bil.
- Food 53.8 bil.
- Cars/Trucks 28.7 bil.
- Clothing 22.0 bil.
- Health Care 17.9 bil.
Click here for more stats from "The Buying Power of
Black America."
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Jay-Z encourages boycott by hip-hop community of Cristal champagne
By Marcus Franklin
Associated Press
(June 19, 2006) Rappers have long proclaimed their love for Cristal,
frequently mentioning the high-end champagne in songs and popping the
corks of the clear, gold-labeled bottles in music videos and at
nightclubs.
But the makers of Cristal don't seem to feel the same way about hip-hop --
at least that's how one rapper-turned-record executive Jay-Z sees it.
Now president and chief executive officer of Def Jam Records, the
multiplatinum rapper has decided to boycott his once-beloved bubbly over
comments from Frederic Rouzaud, managing director of Louis Roederer, the
company that produces it.
In the Economist magazine, Mr. Rouzaud said the company viewed the
affection for his company's champagne from rappers and their fans with
"curiosity and serenity."
Asked by the magazine if the association between Cristal and the "bling
lifestyle" could be detrimental, Mr. Rouzaud replied:
"That's a good question, but what can we do? We can't forbid people from
buying it. I'm sure Dom Perignon or Krug would be delighted to have their
business."
The comments left a bad taste in Jay-Z's mouth. The rapper said he would
pull Cristal from his small chain of popular sports lounges -- where
bottles of Cristal sell for $450 and $600 -- as well as from his personal
flutes.
"It has come to my attention that the managing director of Cristal,
Frederic Rouzaud views the hip-hop culture as 'unwelcome attention,'?"
Jay-Z said. "I view his comments as racist and will no longer support any
of his products through any of my various brands including the 40/40 Club
nor in my personal life."
Jay-Z plans to replace Cristal -- which a club spokesman said it could
never stock enough of -- with Krug and Dom Perignon at the Manhattan and
Atlantic City locations of his 40/40 Club. (There are plans for clubs in
Las Vegas, Los Angeles, Tokyo, Singapore and Hong Kong, according to the
club's Web site.)
Mr. Rouzaud did not return a message seeking comment. But it was the
writer of the article, and not Mr. Rouzaud, who used the phrase "unwelcome
attention." After Mr. Rouzaud's comments about Dom Perignon and Krug,
scribe Gideon Rachman wrote: "Both Dom Perignon and Krug have had their
share of unwelcome attention, too."
Still, Jay-Z spokesman Ron Berkowitz said his client remains offended.
"They're trying to distance themselves from the hip-hop community," Mr.
Berkowitz said. "The hip-hop world certainly helped elevate the presence
of Cristal. At the end of the day, isn't the goal for any company to sell
bottles?"
Cristal, which Roederer considers its "jewel," began appearing on the lips
of many hip-hop devotees following an onslaught of mentions in rap songs
starting in the 1990s.
Jay-Z's adoration goes back to at least 1996, when he rhymed on the song
"Can't Knock the Hustle": "My motto, stack rocks like Colorado/Auto off
the champagne, Cristal's by the bottle."
Others with a fondness for Cristal include Sean "Diddy" Combs, Kanye West
and Trina.
According to Agenda Inc., a brand strategy agency that tracks mentions in
Billboard's top 20 songs, Cristal ranked No. 8 in 2005, behind brands such
as Mercedes, Nike, Bentley and Rolls Royce.
Louis Roederer was founded in 1776 and is still family-owned, according to
its Web site. Cristal was created in 1876 exclusively for Tsar Alexander
II. Roederer stopped making the champagne after 1917 but started again in
the 1940s.
Boycotts aren't new to hip-hop. In 2003, Pepsi agreed to give $3 million
to charity after Def Jam co-founder Russell Simmons threatened a boycott
because the soda company canceled an endorsement deal with rapper Ludacris
in the wake of complaints from commentator Bill O'Reilly.
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12th
Annual Edition Available
Latest
'Buying Power' report shows black consumers spending more on home life
As the American economy continues to move sluggishly,
African-American households are curtailing their spending in many
categories, including food, clothing and basic household items, while
investing more in home repair, home entertainment and consumer
electronics. Although they are trimming back, black consumers are still
spending more than their white counterparts on most of these products.
Story and statistics
continued
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