14 Iconic Brands That Are Losing Their Luster

14 Iconic Brands That Are Losing Their Luster

By Jonathan Berr  // 

Canon

Brand value: $11 billion

1-year decline in brand value: 9 percent

What went wrong: IDC estimates that the global digital camera market will shrink 29 percent as consumers increasingly find their smartphones sufficient to meet their picture-taking needs.

Reason for hope: President Fujio Mitari might gain traction from some of the many new products that he is pushing through the Japanese company’s pipeline.

Flickr/Doug88888