The Must-Have New Christmas Gift Is a Giant Fruit Loop


Follow your nose, and be sure to bring plenty of milk.

The Big Fruit Loop just hit the market, a giant 930-calorie single fruit loop that costs $19.99.

The cereal killer is the latest creation of Brooklyn-based art collective MSCHF, which specializes in limited-edition “drops” that come out every two weeks. This is the same company that sold Lil Nas X “Satan Shoes” — Nike Air Max 97s with a bronze pentagram, inverted cross, and a drop of real human blood for $1018.

The shoes sold out in minutes.

Big Fruit Loop is less controversial, although Kellogg’s isn’t too happy about it. Company spokesperson Kris Bahner told CNN that the “Big Fruit Loop” constitutes “trademark infringement and unauthorized use of our brand,” adding, “we have reached out to the company seeking an amicable resolution.”

Packaged in a colorful box with images of Toucan Sam choking, Big Fruit Loop promises to be “Part of an Imbalanced Breakfast.” The single blueberry loop tastes like a Fruit Loop, but it contains 870 grams of sodium and 75 grams of sugar.

“With MSCHF, we are always looking at cultural readymades we can play with,” Daniel Greenberg, MSCHF’s co-founder, told Food & Wine. “Cereal is, of course, one of those things. When looking at the object and thinking about what we could do with it, enlarging it to fit the size of the box seemed too perfect to pass up.”

Is this some sort of commentary on excessive consumerism?

Greenberg won’t say. “As always with any MSCHF release, it is up to you to decide,”

Related: 4 Seasonal Side Hustles to Keep Your Pockets Jingling

A successful business model?

MSCHF’s funny stunt art has them laughing all the way to the bank. In addition to Satan Shoes, products like “Jesus Shoes,” Air Max 97s with soles containing holy water from the River Jordan, also sold out to the tune of $1,425 a pop.

Last year, Business Insider reported that MSCHF, founded by a former BuzzFeed employee, closed two funding rounds totaling $11.5 million.

More recently, investor Sahil Bloom did a Twitter thread analyzing MSCHF, which he says is “as creative as they are profitable.”

Bloom tracked sales of their Cease & Desist Grand Prix shirt, featuring logos from Disney, Microsoft, Tesla, Walmart, Subway, Starbucks, Coke, and Amazon. Bloom estimates that selling just eight shirts generated: “$120K revenue; $75K profit, millions in earned media, and thumb nose @ big corps.”





Source link: https://www.entrepreneur.com/article/441347

Sponsors

spot_img

Latest

Best Living Room Rugs (Splurge + Save)

Today, we are excited to share another installment of our popular Splurge + Save series with the best living room rugs. Finding the...

Miyazawa spearheads Japan World Cup charge

Hinata Miyazawa had never been prolific for club or country before the Women's World Cup -- now she is the tournament's leading scorer...

‘Corrections in Ink’ Author Keri Blakinger on Prisons

Keri Blakinger is many things: a former elite figure skater, an Ivy League graduate, a prolific criminal-justice journalist, a convicted felon. The Texas-based...

AC Milan vs Napoli, Champions League live: Score and latest updates

07:07 PMTeam news: Napoli's starting XINapoli: Meret, Di Lorenzo, Rrahmani, Kim, Mario Rui, Zambo, Lobotka, Zielinski, Lozano, Kvaratskhelia, Elmas.Subs: Juan Jesus, Idasiak, Olivera,...

Fantasy Basketball Pickups: Aaron Nesmith excels in Boston

With multiple teams playing the second game of a back-to-back and some critical injuries, there were some solid pickups on Tuesday's five-game schedule....