14 Iconic Brands That Are Losing Their Luster

14 Iconic Brands That Are Losing Their Luster

By Jonathan Berr  // 

Sony

Brand value: $8.4 billion

1-year decline in brand value: 8 percent

What went wrong: The sprawling Japanese conglomerate is spread thin, making everything from movies to consumer electronics. Activist investor Daniel Loeb has called for the company to spin-off of as much as 20 percent of its entertainment arm.

Reason for hope: Expectations are high for the PlayStation 4, set to launch in November. Pre-orders have already topped 1 million.

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