BBC Radio interviewed me this week about Citigroup’s plan to take down the monolithic red umbrella sign from its 40-story building in downtown New York – and from everywhere else in its visual identity. (Listen to the BBC Radio piece)
Apparently, the man-and-woman-on-the-street in Tribeca are sad to see the old umbrella go (“If they had it that long why not keep it? There’s a lot of things in this world that hasn’t lasted that long.”) But the brand managers have decided that nostalgia and awareness have to be sacrificed for the goal of a sleeker, more universal brand—“Citi” —that conveys the new global reach and strategy of the firm.
As Douglas McArthur might have said, “Old logos never die, they just fade away…”