Sports
Related: About this forumFedEx calls on Redskins to change name following investors' demands on sponsors
FedEx on Thursday became the first major corporate backer of the Washington Redskins to call on the team to change its name, the most significant development yet amid mounting financial and political pressure on team owner Daniel Snyder in the long-running controversy.
In a one-sentence statement issued Thursday afternoon, Memphis-based FedEx said, We have communicated to the team in Washington our request that they change the team name.
Even without elaboration from the company, the statement signals a dramatic pivot by one of the Redskins more loyal, long-standing corporate backers a Fortune 100 company that for more than two decades has tied its brand to that of the team.
The companys request comes less than a week after a group of more than 85 investment firms and shareholders representing $620 billion in assets called on FedEx, Nike and PepsiCo to sever ties with the team unless Snyder changes its name.
And it represents another shift in a battle in which the terrain has shifted from moral appeals to business and political tactics during a period in which the country is reexamining statues, monuments, symbols and corporate names and logos that some Americans have never questioned but others long have considered a source of offense, insult or pain.
https://www.washingtonpost.com/sports/2020/07/02/fedex-redskins-name-change/
spooky3
(34,405 posts)else. Maybe sponsors will finally do the trick.
empedocles
(15,751 posts)spooky3
(34,405 posts)JonLP24
(29,322 posts)Considering all the brands that did change their names even names some didn't know was controversial.