Growing competition; continued decline in the brick and mortar backyard; currency devaluation in Europe and Asia; a fourth quarter retail fiasco. 2015 was a tough year for the fashion industry. Yet, for all of the challenges, fashion licensing prospered in not only in the U.S./Canada but worldwide, according to The Licensing Letter’s Annual Licensing Business Survey. Global … [Read more...] about Apparel Fuels 3.1% Growth in U.S./Canada Fashion Licensing—Global Growth Is Even Higher
Accessories
The NBA & Its Licensees Woo the Female Fan
By Glenn S. Demby, Esq. As in the other pro sports leagues, the NBA and licensees are investing heavily in the female market. Women now account for 38% of the league's fan base and 40% of its licensed apparel purchasers. True, only 10% of those apparel products are actually for females, but that ratio has tripled since 2012. "The NBA has been working with its partners to … [Read more...] about The NBA & Its Licensees Woo the Female Fan
Lady Gaga and Elton John Become the Latest to Launch a Macy’s Exclusive
By Glenn S. Demby, Esq. Limited-edition celebrity lines are an old hat for Macy's. But the upcoming Love Bravery line set to debut at 150 stores next week is a bit different. The exclusive apparel and accessories collection comes from not one, but two, slightly offbeat celebs who don't normally do many of these deals—Lady Gaga and Sir Elton John. Love Bravery is also a … [Read more...] about Lady Gaga and Elton John Become the Latest to Launch a Macy’s Exclusive
St. Patrick’s Spending to Reach $4.8 Billion
A robust 55% of Americans, or 133 million people are planning to indulge in the Irish spirit on Thursday according to the National Retail Federation’s St. Patrick’s Day consumer survey conducted by Prosper Insights and Analytics. On average, they’ll spend $35 in grocery stores, restaurants and stores selling green merchandise. Although not as high-profile as other holidays, … [Read more...] about St. Patrick’s Spending to Reach $4.8 Billion
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
Nintendo NY Re-opens With New Merch, Games
By Karina Masolova The newly branded Nintendo New York store, previously Nintendo World, re-opened Feb. 19th with a new 15-foot gaming screen, exclusive merchandise and appearances by Mario, Luigi and Charles Martinet. The two-floor space has been redesigned with large-scale gaming events in mind; the location boasts larger, open spaces and merchandise on movable … [Read more...] about Nintendo NY Re-opens With New Merch, Games
Big Fashion Licensors Taking Back Control of their Brands
By Glenn S. Demby, Esq. The licensing model is one fashion trend that's unlikely to ever go out of style. But a growing number of fashion licensors—especially the bigger houses—are bucking the trend and taking back direct control of their brands. The most recent example is Puig, the Barcelona-based beauty company and owner of Jean Paul Gaultier fragrances, which earlier this … [Read more...] about Big Fashion Licensors Taking Back Control of their Brands
Pantones Colors Fashion, Décor Pink and Blue
If a color—or two—can reflect the mood of a people, it could be that we're all just lightening up. Color house Pantone has for the first time named a blending of two shades, Rose Quartz (Pantone 13-1520) and Serenity (Pantone 15-3919), as its Color of the Year for 2016. The positively pastel pink-blue combo stands in stark contrast to the hue of 2015: Marsala, a dark, earthy … [Read more...] about Pantones Colors Fashion, Décor Pink and Blue
Licensee Accusation: Asics Deliberately Tried to Drive Us Out of Business
By Glenn S. Demby, Esq. What Happened: Asics gave Windsor Financial Group, LLC, financing and exclusive rights to open and operate 13 Asics stores, including flagships in Boston and New York. The deal was supposed to run for 20 years but a couple of years in, Asics terminated the agreement. As a result, Windsor had to close the stores and eat the millions of dollars it had … [Read more...] about Licensee Accusation: Asics Deliberately Tried to Drive Us Out of Business
Lucky Brand Joins Bands
With its recent deal to develop a national apparel and accessories program around classic rock bands KISS, Journey, Def Leppard and others, apparel company Lucky Brand is plugging into a harmonious spot in the more generally discordant market for music licensed products. Lucky's deal with licensing agency Epic Rights will put music brands KISS, Journey, Def Leppard, Billy … [Read more...] about Lucky Brand Joins Bands