Do the Red thing: Rock star Bono is to reveal at Davos a branding initiative aimed at 'conscience consumers'

FT.COM: American Express, Converse, Gap and Giorgio Armani are joining with Bono, the rock star, to sell products under a new brand, called “Red”, which will dedicate some of its revenues to fight Aids in Africa. The effort will include the creation of an AmexCo Red credit card that will be marketed first in the UK, targeting an estimated 1.5m British “conscience consumers” who are seen as more likely to buy products associated with a social benefit. AmexCo believes this figure will rise to 4m within three years. Other Red products available this spring will include Converse sports shoes made with African mud-cloth; a new line of Gap vintage-style T-shirts, in red and other colours and wraparound Emporio Armani sunglasses embossed with a Red logo.

=> Read the complete article in The Financial Times here.
=> REUTERS: Bono backs 'Red' brand with bold anti-AIDS goal.