The J&B Met is the fashion and society highlight of the year on the South African calendar, attracting many who know little about horse racing (and often about fashion too!). Now the sponsorship of the event by one of the world’s best-known brands is under threat, and could be a threat to the hospitality industry in Cape Town too. Today could see the last J&B-sponsored Met.
It is proposed that new legislation will see a ban on advertising of alcoholic beverages, and therefore the sponsorship of the horse racing event by J&B would no longer be allowed. It would need a hugely powerful non-alcoholic brand, with an extensive marketing budget, to fill the J&B ‘hooves’, given the focus they have placed on the event for a number of years, not only on the day itself, but linking PR to it too, inviting VIP’s, and organising after-parties and annual best-dressed shop competitions too. The event is so successful that South Africa generates the third highest J&B sales in the world.
The theme of today’s Met is “Larger than Life”, and fashionistas are bemoaning the difficulty of finding something suitable to wear to match this vague theme. In the advertisement for the event, it is described as “Massive outfits, oversized accessories, gigantic personalities”. The event is supported by Cape Town Routes Unlimited, but its blue logo is barely visible on the black background in the advertisement. More than 50000 fashionistas are expected to be at Kenilworth Racecourse today.
The event is a boost for fashion designers, as the TV cameras and newspaper photographers will be focusing on the couples who may win the ‘Most Elegant Couple’ prizes. The Cape Argus reports that R18 million alone is expected to be spent on clothing for the event, while the event adds another R34 million in accommodation, meals and travel related income to the economy of the Western Cape.
The attendance by non-Capetonians seems to have declined this year, as accommodation bookings for this weekend appear to be far lower than in years before. Typically overstating the value of the event for tourism, which is a two-day stay for non-Capetonians attending on average, is the media comment by Cape Town Tourism Executive Manager for Marketing, Lianne Burton, about the value of the event: “…essentially extends Cape Town’s summer party season by a month after the end of the school holidays (schools went back only two weeks ago, and Cape Town has just suffered one of the worst two-week summer lulls ever)!
Chris von Ulmenstein, Whale Cottage Portfolio: www.whalecottage.com Twitter:@WhaleCottage