By Glenn S. Demby, Esq. Sequential Brands had showed third quarter (Q3) sales for the ages, more than doubling year-over-year revenues from $10 million to $23 million. Because Sequential's business model centers on acquiring and then licensing out brands, almost all of this money is royalty income. Here's a performance breakdown based on CEO Yehuda Shmidman's conference call … [Read more...] about Licensed Sales Fuel Explosive Growth at Sequential Brands
Fashion
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
Hermès & Apple Team Up for Next Gen of Apple Watch
By Glenn S. Demby, Esq. The Apple Watch is getting a makeover for its one-year anniversary in the form of new fashion accessories the most spectacular of which will be designed by Hermès. The Apple Watch Hermès, which goes on sale in October, will have the same body and dimensions as before. But the ugly duckling face will be replaced by a fashion swan, namely three signature … [Read more...] about Hermès & Apple Team Up for Next Gen of Apple Watch
California Surfing Brand Quiksilver Files Chapter 11
By Glenn S. Demby, Esq. California surfing and skateboard clothing chain Quiksilver Inc. became the latest retailer to file for bankruptcy. The company began licensing the Quiksilver brand in 1976 for wetsuits, helmets and other clothing for "mountain and ocean lovers" and rode the surfing and skating fashion wave of the late 1990s and early 2000s to expansion along with brands … [Read more...] about California Surfing Brand Quiksilver Files Chapter 11
Xcel Designs Nimble Supply Chain for Stores
By Marcy Magiera Xcel Brands, owner and licensor of the Isaac Mizrahi, C. Wonder, H Halston and Judith Ripka fashion brands, is experimenting with new ways to help retailers manage inventory. Under its new Quick Time Response supply chain program, Xcel will design and manage the manufacturing of products under the IMNYC (Mizrahi), H Halston, and C. Wonder Limited brands for … [Read more...] about Xcel Designs Nimble Supply Chain for Stores
‘Homegating’ Drives Sales of NFL-Licensed Products
By Glenn S. Demby, Esq. Americans still love watching football with friends but consumption patterns are changing. The TV is slowly but surely eclipsing the stadium as the viewing venue of choice. And as it does, tailgating in the parking lot is giving way to "homegating" in the living room. Seven of 10 fans would rather get together with friends at home to watch the game than … [Read more...] about ‘Homegating’ Drives Sales of NFL-Licensed Products
Saban Gives Paul Frank Fashion Revamp
By Marcy Magiera Saban Brands Lifestyle Group is repositioning its Paul Frank Kids label as fashion rather than an entertainment character brand and taking in-house control of design, marketing and manufacturing. "Retailers get the cost savings by buying direct because we are doing our own sourcing and designing from our creative base in Sydney, Australia," Daniel Castle, … [Read more...] about Saban Gives Paul Frank Fashion Revamp
Adidas Re-Ups with Indiana University for $53.6 Million & More
By Glenn S. Demby, Esq. Updated Sept. 8, 2015 Indiana University Athletics' new $53.6 million apparel deal with Adidas is believed to be the fifth richest in all of college athletics. Key terms: Eight-year extension of current agreement through 2024; Adidas $6.7 million annual commitment to IU Athletics (as compared to $3.7 million under the previous agreement); Adidas to … [Read more...] about Adidas Re-Ups with Indiana University for $53.6 Million & More
Which Tennis Star Is More Marketable?
By Glenn S. Demby, Esq. Two female tennis players have been rivals for nearly a decade. Although both are popular, one player makes twice as much in annual endorsements. Player A is a 33-year-old American who has: Won 67 career singles titles Won 21 career Grand Slam singles titles, second most for any woman all-time Won 13 career Grand Slam doubles titles Beaten Player B in … [Read more...] about Which Tennis Star Is More Marketable?
Tennis Star Andy Murray Dons Adidas after Signing with Under Armour
By Glenn S. Demby, Esq. Andy Murray easily won his first round U.S. Open match the other night. But if the result was predictable, the footwear was anything but. Murray wore Adidas—this after signing a shoe deal with Under Armour in December. Shades of Raymond Weil brand ambassador Charlize Theron in a Christian Dior watch? Or Jessica Simpson's dissing her own "JS" brand … [Read more...] about Tennis Star Andy Murray Dons Adidas after Signing with Under Armour