sports
Now, watch brand TAG Heuer won’t renew contract with Sharapova
Russian tennis player Maria Sharapova signs a poster before launching a TAG Heuer watch in New York, United States, in this August 22, 2006 file photo. TAG Heuer is the latest to cut ties with Sharapova following the tennis star's announcement that she had failed a drug test in January's Australian Open. – Reuters pic, March 8, 2016.Swiss watch brand TAG Heuer is dropping its sponsorship of Maria Sharapova, it said on Tuesday after the Russian tennis star said she had failed a drug test.
"Maria Sharapova was under contract with TAG Heuer until December 31, 2015. We had been in talks to extend our collaboration. In view of the current situation, the Swiss watch brand has suspended negotiations and has decided not to renew the contract," the unit of French luxury goods group LVMH said in a statement. – Reuters, March 8, 2016.
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