The top beauty company grew its sales 2.3% to reach $28.60 billion worldwide, according to a ranking by WWD. Unilever was No. 2 at $20.52, while Proctor & Gamble slid in at No. 3 despite a 12.5% drop in sales. To put the numbers into context, retail sales of licensed health and beauty products in the U.S./Canada stayed flat at 0.1% growth in 2016 to reach almost $7.7 billion, … [Read more...] about L’Oreal Ranks as Top Beauty Company of 2016
Fashion
Legal Updates
The sale of the Margaritaville Resort Casino in Bossier City might be in jeapordy after a federal court documents revealed an arbitation finding that current owner Bossier Casino Venture (BCV) is contractually obligated to use the Margaritaville brand through the end of its 40-year agreement—or the next 35 years—with licensor Margaritaville. Even if the casino is sold, BCV is … [Read more...] about Legal Updates
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
LVMH Brings Eyewear Licenses In-house
Luxury goods group LVMH will set up a manufacturing joint venture with eyewear manufacturer Marcolin to give it more control over its eyewear brands. The French licensor will own 51% of the venture, and Marconi the rest. The deal also involves LVMH taking a 10% stake in the Italian company. Marcolin will begin manufacturing eyewear for the Celine and Louis Vuitton brands from … [Read more...] about LVMH Brings Eyewear Licenses In-house
Licensing Shorts
Government seizures of counterfeit products totaled over 31,560 goods in fiscal year 2016, up over 9% to an estimated $1.3 billion based on the MSRP of seized goods. The top categories were apparel and accessories (over 20% of all seizures, valued at $110.8 million). Watches and jewelry continued to be the top products seized, with a value of more than $635.5 million. Handbags … [Read more...] about Licensing Shorts
Chinese Housing Boom Propels Licensed Home Sales
The Chinese real estate market continues to grow into 2017, despite government measures to curb home prices and avoid a housing bubble. Average home prices are projected to increase 4.1% year-on-year and property investment could grow by 5.4% in 2017, according to Reuters, citing a state-owned newspaper report. Meanwhile, new construction is expected to grow by 6.2%, according … [Read more...] about Chinese Housing Boom Propels Licensed Home Sales
Licensed Fragrance Back on Track?
Since we last looked at licensed fragrances, the business has certainly changed—and it seems that it might be looking up, at least for established celebrities and fashion brands. Revlon finalized its purchase of Elizabeth Arden on Sept. 7, 2016, forming a beauty enterprise with net sales of approximately $3 billion worldwide. In the latest financial reports—Q3 ending Sept. 30, … [Read more...] about Licensed Fragrance Back on Track?
Retail Sales of Licensed Wearables Up in Every Territory in 2015
By Glenn S. Demby, Esq. Worldwide retail sales of apparel/accessories/footwear tied to licensed properties were up a robust 3.9% at just below $66.1 billion in 2015. Wearables is a bellwether of overall licensing business due not only to its size, but because it provides an outlet for so many of the industry's most important property types including fashion, … [Read more...] about Retail Sales of Licensed Wearables Up in Every Territory in 2015
What Not to Do: Kardashians Score a Win in Fight Against Licensee
By Karina Masolova The Kardashian sisters got a pretrial court order barring Haven Beauty from using their names and trademarks—effectively opening the door for new licensees to step in, since the Kardashians want to ultimately terminate their licensing agreement. The Aug. 23 ruling, from the U.S. District Court for the Central District of California (2Die4Kourt v. Hillair … [Read more...] about What Not to Do: Kardashians Score a Win in Fight Against Licensee