Contact the Editor at karina@plainlanguagemedia.com. CrossFit and Reebok settle their litigation-related licensing disputes and "look forward to continuing their work together as partners mutually dedicated to improving individual health and fitness globally." In 2010, the companies entered into a 10-yr. licensing and sponsorship agreement where Reebok would act as the title … [Read more...] about Legal Watch: Sporting Goods & Apparel; Toys & Games
Fashion
Fragrance: Hit Me One More Time
Karina Masolova, karina@plainlanguagemedia.com Retail sales of licensed fragrance grew 1% in 2017 to reach $3.98 billion in the U.S./Canada, according to TLL's Licensing Business Survey. Britney Spears and Revlon have teamed up to launch Britney Spears Prerogative, a new fragrance inspired by the singer’s career and her 24th in all. The gender-neutral scent features an … [Read more...] about Fragrance: Hit Me One More Time
Consumer Research: Affluents, Students & More
By Karina Masolova, karina@plainlanguagemedia.com. Along with Gen Z, Millennial spending power will account for 45% of the global personal luxury goods market by 2025, according to a recent study by Bain & Company. The global toy market is forecast to hit $139 billion by 2025, according to the market research firm Coherent Market Insights. Its latest report forecasts that … [Read more...] about Consumer Research: Affluents, Students & More
Fashion Track: Sneakers, Apparel & Fitness
By Karina Masolova, karina@plainlanguagemedia.com. The Jordan Brand makes its first-ever women's collaboration with editorial approval from Vogue Editor-in-Chief Anna Wintor. The Air Jordan 1 High Zip “AWOK,” is named after Wintour's signature on approved editorial or creative pages of the magazine, and will be followed by the Air Jordan 3 “AWOK,” to be released the next … [Read more...] about Fashion Track: Sneakers, Apparel & Fitness
M&A Watch: Fashion Forward
Authentic Brands Group makes a successful $340 million bid for Nine West Holdings. Under the terms of the agreement, ABG will control all licensing partnerships and marketing plans for both the Nine West and Bandolino brands. Marc Fisher Footwear will operate the business' operations and Signal Products will oversee the handbag and SLG businesses. Perry Ellis Intl. is going … [Read more...] about M&A Watch: Fashion Forward
What Kids Want (to Wear)
It turns out that when it comes to what types of entertainment/character brands kids want to wear, they turn to a hero, according to E-Score Character. The research service identified the most sought-after characters for clothing by age group. All of the properties identified below have established licensing programs and, to varying degrees, have extensions in apparel, … [Read more...] about What Kids Want (to Wear)
Retail & Legal Tracker
U.S. retailers are stocking up on merchandise in advance of potential tariffs on Chinese imports, according to the National Retail Federation’s latest monthly Global Tracker report. The number of cargo containers to be received at U.S. ports that are forecasted for July and August would each set new records for the number of containers imported in a single month; the first half … [Read more...] about Retail & Legal Tracker
Counterfeit Goods & China
China's top court rules in favor of Christian Dior, overturning two rulings by lower courts and admonishing the local trademark office for rejecting an application by the French fashion house to register a perfume bottle trademark. The Trademark Review and Adjudication Board wrongly rejected a 2015 application by Dior to register a trademark of its teardrop-shaped J’adore … [Read more...] about Counterfeit Goods & China
M&A & Bankruptcy
Nine West Holdings files for bankruptcy, listing debts of approximately $1.5 million. The apparel, jewelry, and jeanswear company is planning sell its flagship brand, Nine West, to Authentic Brands Group. It will also sell its Bandolino brand and reorganize around other businesses, including the Anne Klein name. MGA Entertainment CEO Isaac Larian makes his move, submitting a … [Read more...] about M&A & Bankruptcy
Licensed Apparel & Accessories Up 3.5% in 2017
Retail sales of licensed apparel and accessories goods were up a combined 3.5% in 2017, adding over $1.2 billion in value in the U.S./Canada, according to TLL's Annual Licensing Business Survey. The two product categories generated a combined $37.2 billion in licensed retail sales, or just over 34% of the greater total. Sales of licensed apparel merchandise were up by 4.1% to … [Read more...] about Licensed Apparel & Accessories Up 3.5% in 2017