The Licensing Letter

Fashion

Fashion Rumble in Eyewear & Fragrance

Both the FTC as well as EU antitrust regulators have closed their respective investigations into a proposed $58.49 billion (€48 billion) merger between eyewear giants Essilor and Luxottica. The EU said that it "coordinated closely" with the FTC on the case, unconditionally approving the merger and stating that the deal would not harm competition. French-based Essilor controls … [Read more...] about Fashion Rumble in Eyewear & Fragrance

HBA Gets Fashionable

Licensed consumer goods based on fashion brands generated $21.45 billion worth of retail sales in the U.S./Canada in 2016—HBA goods accounted for $2.55 billion's worth of that. This year, we can expect to see more competition in the HBA space from home-brewed brands (the types of which would have been obvious picks for licensing in prior years) and new, innovative extensions … [Read more...] about HBA Gets Fashionable

Keeping Up With the Kardashians

By: Karina Masolova, karina@plainlanguagemedia.com Kim Kardashian launches her first direct-to-consumer venture in the fragrance category under her KKW Beauty brand. The limited-edition fragrances are first come, first serve—but the star also plans to release new scents in time for Valentine's Day. Sales were exclusively digital, albeit with a small launch at e-commerce site … [Read more...] about Keeping Up With the Kardashians

In & Around 34th Street

By: Karina Masolova, karina@plainlanguagemedia.com I try to trek down to 34th St. Herald Square, in central New York City, every once in a while. As we enter the holiday shopping season, there were some interesting licensed retail activities in and around town. The newest addition to Herald Square is the Build a Bear Workshop. The central attraction is the retailer's three … [Read more...] about In & Around 34th Street

Licensed Home-related Goods Up 3.4% WW in 2016

By Karina Masolova, karina@plainlanguagemedia.com Retail sales of licensed home furnishings, housewares, and domestics grew by 3.4% globally, according to The Licensing Letter's Annual Licensing Business Survey. Growth was largely thanks to returns in consumer confidence and economic stability. Retail played a strong role in supporting the growth of a wide variety of brands, … [Read more...] about Licensed Home-related Goods Up 3.4% WW in 2016

Around the World—10/30/2017

Epic Rights and Pan Inc. will develop music artist and celebrity merchandising and branding opportunities in Japan together. Epic executives Lisa Streff and Dan Levin will manage the day-to-day business with Pan Inc. American eSports organization Cloud9 has raised $25 million in Series A financing from companies and parties including WWE, the Beverly Hills Sports Council, … [Read more...] about Around the World—10/30/2017

Economics of Licensing

As long as we're keeping track of the licensing industry, we also have to recognize it's size—and it turns out that it's a small world after all. In 2016, licensed retail sales in the U.S./Canada made up just 0.005% of all retail sales. But while the fraction is small, the growth rate of licensed sales has consistently outperformed general growth. On the right, we … [Read more...] about Economics of Licensing

Roundup: Business & Legal

The parentco of Coach, Kate Spade New York, and Stuart Weitzman will re-brand itself as Tapestry effective Oct. 31, 2017. CEO Victor Luis told WWE that the shift reimagines Coach as a "true house of emotional, desirable brands," that will "extend into new categories and markets" within "the very attractive and growing $80 billion global market for premium handbag and … [Read more...] about Roundup: Business & Legal