The United States Tennis Association (USTA) and Aramark partner to provide retail merchandise services for the USTA Billie Jean King National Tennis Center, home of the US Open. Under the multi-year agreement, Aramark will manage all aspects of the US Open Tennis Championships’ retail sales and merchandising operations throughout the grounds of the National Tennis Center. … [Read more...] about M&A Shorts
Food and Beverages
M&A Shorts
The United States Tennis Association (USTA) and Aramark partner to provide retail merchandise services for the USTA Billie Jean King National Tennis Center, home of the US Open. Under the multi-year agreement, Aramark will manage all aspects of the US Open Tennis Championships’ retail sales and merchandising operations throughout the grounds of the National Tennis Center. … [Read more...] about M&A Shorts
Halloween Spending Up; Entertainment Tops Costume Choices
By Karina Masolova Halloween spending is expected to reach an all-time high this year, according to the National Retail Foundation (NRF)'s Halloween Spending Survey; total spending is expected to reach $8.4 billion, up 21.7% from $6.9 billion in 2015. The last time sales came close was in 2012, at a previous high of $8.0 billion. Over 171 million Americans expected to celebrate … [Read more...] about Halloween Spending Up; Entertainment Tops Costume Choices
Trump, Hilary, and… Cannabis?
By Karina Masolova With election day fast approaching, there's another vote Americans are preparing to make. Nine states have ballot measures for cannabis legalization—a sector worth $60–100 million in licensed retail sales in 2015, according to TLL estimates. Although we've reported on the state of licensed cannabis products and accessories throughout the year—with 2016 … [Read more...] about Trump, Hilary, and… Cannabis?
Celebrating Coffee With Food
By Marcy Magiera To celebrate National Coffee Day, Dunkin' Brands Group announced that it will launch a Dunkin' Donuts branded ready-to-drink coffee line in early 2017. The new products, to be manufactured and distributed by The Coca-Cola Co., will strengthen Dunkin' Donuts' position as a coffee authority and extend the brand into new distribution channels, the company … [Read more...] about Celebrating Coffee With Food
Licensed Cannabis the Next Big Thing
This year’s Cannabis World Congress & Business Exposition New York (CWCBExpo NY) welcomed a disparate crowd as businesses sought to stake a claim in an industry estimated to be worth $5.7 billion in the U.S. in 2015, according to ArcView Market Research and New Frontier. While TLL estimates place retail sales of licensed legal cannabis at less than 1% of all industry sales, … [Read more...] about Licensed Cannabis the Next Big Thing
Celebrities With Licensed Marijuana Products
At $2.7 billion, legal marijuana is the fastest growing industry in America; it’s also a potent social cause. So it’s not surprising that so many celebrities have jumped into the business. Here’s a rundown of leading celebrities who’ve been branded for marijuana products. For the latest, see TLL's feature on celebrity chefs who have signed for branded marijuana. Also see TLL's … [Read more...] about Celebrities With Licensed Marijuana Products
Are Celebrity Chefs the Next Wave in Marijuana Branding?
Celebrities have been quick to seize the branding opportunities offered by the $2.7 billion legal marijuana industry. But up to now, most of the celebrity branding deals have involved maverick musicians like Bob Marley, Willie Nelson, Snoop Dogg and other rappers. (See TLL's live chart of celebrities that have lent their names to a marijuana brand.) But a new kind of celebrity … [Read more...] about Are Celebrity Chefs the Next Wave in Marijuana Branding?
Professional Bull Riders Take Licensing by the Horns
By Marcy Magiera This new wine really carries a kick. Two Horns red, a 2012 blend of California-grown Zinfandel, Petite Sirah and Cabernet, is the official wine of Professional Bull Riders (PBR), the world's premier bull riding organization. Produced by Gold River, Calif.-based CORDELINA Wine Company and and distributed across the Midwest, Southeast and Mid-Atlantic regions … [Read more...] about Professional Bull Riders Take Licensing by the Horns
Toys/Games, Food/Beverage & Apparel Lead Growth on Products Side
For the second straight year, toys/games was the fastest growing product category, posting an 8.1% increase. Growth in toy and game merchandise has mirrored (and fed off of) the success of the entertainment/character property type over the past three years. As in 2013 and 2014, connection to “A-list” entertainment properties like Frozen, Star Wars and Minions drove growth in … [Read more...] about Toys/Games, Food/Beverage & Apparel Lead Growth on Products Side