Found January 11, 2013 on Fox Sports:
Maria Sharapova has about a bajillion dollars in tennis tournament earnings and endorsement deals, but that hasn't stopped her from earning even more money in the always lucrative candy business. Sharapova's candy line, the aptly named "Sugarpova," was released in August. She celebrated that release by playing beer pong with Jimmy Fallon , and her next celebration may need to include some champagne. Bloomberg reports that the Sugarpova line has been wildly successful, despite little investment in in advertising and a somewhat steep price tag on each bag of candy. Bloomberg reports that the candy line is expected to sell 1 million bags in a year, the candy flying off the shelf at $5.99 per bag and with Sharapova earning up to $1.10 per bag. "We don't really have a big budget for marketing and advertisement," Sharapova said in the report. "So it's pretty incredible that the awareness that it has so far is where it is." It's a savvy business move tapping into the gummy candy market, which is apparently worth $28 billion per year.
THE BACKYARD
BEST OF MAXIM
AROUND THE WEB
RELATED ARTICLES
CANDY GIRL

Sharapova's sweets making big profits

Sugarpova, Maria Sharapova's candy line launched in August, has been tremendously successful, with forecasts predicting 1 million bags will be sold in the first year.

Maria Sharapova Releases Sugarpova Down Under

Maria Sharapova is one of those rare athletes who transend her sport. Her personality, business sense, passion for fashion and, yes, good looks have helped make her one of the most recognisable names in sport today. Despite winning a career Grand Slam and having multiple business ventures, including a design gig with Colette Haan, Maria still felt she wanted to do something more...

Maria Sharapova Gets in a Practice Session

Practice makes perfect T… Maria Sharapova of Russia serves during a practice session ahead of the 2013 Australian Open at Melbourne Park. Maria missed last week’s Brisbane International to rest her injured right collarbone that had prevented her from serving and hitting overheads in practice. “I still have quite a bit of time to prepare for Australia. I’m on the right track...

Maria Sharapova Teaches Kids to Eat Candy

It makes their teeth strong T… Maria Sharapova of Russia poses during the launch of Maria Sharapova’s new brand ‘Sugarpova’ at Crown Entertainment Complex today in Melbourne — You strike when the kids are young, and no doubt, by the time they’re adults, eating Sugarpova will be second nature.-TO Maria Sharapova Gets in a Practice Session Maria Sharapova Makes Sad Face

Maria Sharapova made a buttload of money with Sugarpova

Sugarpova Brand Launch In Australia

These are moves of a mogul T Maria Sharapova poses during the launch of  her new brand ‘Sugarpova’ at Crown Entertainment Complex in Melbourne, Australia. Sharapova can do no wrong.-TO Maria Sharapova Gets in a Practice Session Maria Sharapova Makes Sad Face

Forget Serena, Sharapova more worried about Venus

With all the talk about Serena Williams extending her streak of Grand Slam titles to three - another Serena Slam in the making - Maria Sharapova has another Williams on her mind ahead of the Australian Open: Venus. While Serena and top-seeded and defending champion Victoria Azarenka feature in the top half of the draw, and could meet in the semifinals, No. 2 Sharapova would play...

Maria Sharapova’s love affair with David Koma

By Romi Cvitkovic “Who is David Koma?” you ask. If you are a tennis buff, he may be as foreign to you as the idea of Caroline Wozniacki winning a Slam. But fashion aficionados have known about this  25-year-old Georgian born London based fashion designer’s transcending style for a while now. Koma has only been around the fashion elite for a couple of years but he has surely...

Tennis players in press and on the Australian Open practice courts

Maria Sharapova in practice ahead of the Australian Open By James Crabtree January 12, 2013 — A busy day at Melbourne Park and the main draw hasn’t even started yet. The morning consisted of half the venue being taken over by a Kids Tennis Day extravaganza. Hordes of families took over the venue for half the day for a free event where kids of all ages partook in tennis activities...

Serena, Djokovic, Federer, Sharapova, Murray, Azarenka in Notes and Quotes From Saturday’s Pre-Australian Open News Conferences

  (January 12, 2013) A look at some of the questions and answers from the Saturday news conferences before the Australian Open begins. They include Novak Djokovic, Serena Williams, Victoria Azarenka, Roger Federer, Sam Stosur, Maria Sharapova and Andy Murray. Novak Djokovic Q.  What are your thoughts on the Australians, like Bernard Tomic? NOVAK DJOKOVIC:  I believe their chances...
THE TENNIS HOT 40
Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.