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
Mergers & Acquisitions
M&A Shorts
In an interview with Bloomberg, Verizon CEO Lowell McAdam reveals that the company is open to M&A talks with companies like CBS, Comcast, and Disney—in other words, a deal similar to the AT&T/Time Warner merger. MG Retailer reports that the average cannabis dispensary generates 2–3% of total revenue from sales of accessories and merchandise. The hottest items? Bob … [Read more...] about M&A Shorts
M&A & Legal
Mattel Creations appoints ProjectFirst and Little Dot Studios to manage its AVOD platforms and grow channel subscribers for its brands in Russia and France, respectively. Spin Master sues Chinese manufacturer, Dongguan Moral Region Co. Ltd., for an alleged patent infringement against its Hatchimals toy. MCM Comic Con owner, MCM Central, takes a major stake in children’s … [Read more...] about M&A & Legal
M&A: Agents Expand While Rovio Divests
DHX Media-owned CPLG (Copyright Promotions Licensing Group) forms a strategic alliance with Latin America’s Tycoon Group. The alliance will strengthen both companies’ regional licensing activities and maximize branding opportunities across a combined network of EMEA, North America, and Latin America. The world’s largest licensing agent, CAA-GBG, expands the design capabilities … [Read more...] about M&A: Agents Expand While Rovio Divests
M&A and Legal
Macy's and (now Sequential Brand Group's) Martha Stewart make up with a renewal of their 10-year partnership. Macy's is the exclusive retailer for the Martha Stewart Collection brand that covers over 1,000 SKUs. The partners were previously embroiled in a 5-year legal dispute after JCPenney made a deal for Martha-branded bed, bath and kitchen products as its exclusive deal with … [Read more...] about M&A and Legal
Google, YT & Microsoft MVPs Amongst Tech Brands
The title of most powerful tech brand worldwide goes to Google for the first time in six years, according to Brand Finance, which ranks brands based on its own index. The previous No. 1 spot was occupied by Apple, but the brand valuation firm has firmly devalued the giant by $38.7 billion as optimism around Apple's ability to innovate and sustain revenue growth wane. Overall, … [Read more...] about Google, YT & Microsoft MVPs Amongst Tech Brands
M&A & Marketing
Disney looks to raise its ownership stake in Disneyland Paris to 85.7% after cutting a deal to buy the interest held by another Euro Disney investor, Kingdom Holding Co. The company plans to buy out remaining shares and invest up to $1.6 billion in the park to improve conditions, which has been struggling with attendance figures following the Nov. 2015 terrorist attacks in … [Read more...] about M&A & Marketing
M&A & Marketing
Disney looks to raise its ownership stake in Disneyland Paris to 85.7% after cutting a deal to buy the interest held by another Euro Disney investor, Kingdom Holding Co. The company plans to buy out remaining shares and invest up to $1.6 billion in the park to improve conditions, which has been struggling with attendance figures following the Nov. 2015 terrorist attacks in … [Read more...] about M&A & Marketing
Mergers & Acquisitions
Nine West Holdings enters into a definitive agreement to acquire women’s sportswear firm Kasper Group following its sale of the Easy Spirit wholesale business; the transaction is expected to close this month. Funko buys London-based manufacturer and distributor Underground Toys. Studio 100 acquires a 68% majority stake in m4e; the new group will bolster each company's … [Read more...] about Mergers & Acquisitions
M&A And Lawsuits
Jet.com, which was acquired by Walmart for $3.3 billion in September, buys out apparel and accessories site Shoebuy.com for $70 million from IAC. The e-tailer is a direct competitor of Amazon.The United Kingdom Competition & Markets Authority (CMA) approves VTech's acquisition of educational toy firm LeapFrog, stating that the deal will not lead to competition … [Read more...] about M&A And Lawsuits