Private equity company KKR is considering a bid for eOne after the company rejected a takeover bid from ITV. The Sunday Times named other potential suitors as ProSieben and Vivendi, as well as the potential for ITV to increase its offer. Walmart will buy Jet.com and its Hayneedle home furnishings subsidiary by yearend for approximately $3 billion in cash. Spin Master acquires … [Read more...] about Mergers & Acquisitions
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Who’s News
CPLG undergoes a major restructure to reflect the increasing importance of multi-territory partners and synergies across retail, licensing and operations. Maarten Weck, currently MD Northern Europe, takes on the additional responsibility of heading up CPLG U.K. John Taylor is elevated to Commercial Director U.K. and Gemma Witts is promoted to Retail & Marketing Director … [Read more...] about Who’s News
Per Capita Worldwide Retail Sales of Licensed Merchandise
The world’s largest licensing market is also the number one consumer of licensed goods on a per capita basis. In 2015, each person in the U.S. purchased an average $293.12 worth of licensed products, nearly $30 more than the average consumer in Canada (No. 2 at $264.31), according to TLL’s Annual Licensing Business Survey. See the complete story here. [geoChart … [Read more...] about Per Capita Worldwide Retail Sales of Licensed Merchandise
Off-price Channel Continues to Gain Ground Ceded by Department Stores
With the back-to-school retail season in full swing and the holidays just around the corner, there's mounting evidence that the licensed product distribution trends highlighted in TLL Annual Licensing Business Survey—including the growth of the dollar/value/off-price channel and the decline of department/mid-tier stores are picking up steam in 2016. Off-price retailers will … [Read more...] about Off-price Channel Continues to Gain Ground Ceded by Department Stores
U.S. & Canada Lead Per Capita Consumption for Licensed Sales
It’s hardly surprising that the world’s largest licensing market is also the number one consumer of licensed goods on a per capita basis. In 2015, each person in the U.S. purchased an average $293.12 worth of licensed products, nearly $30 more than the average consumer in Canada (No. 2 at $264.31), according to TLL’s Annual Licensing Business Survey. Click here to see the full … [Read more...] about U.S. & Canada Lead Per Capita Consumption for Licensed Sales
Cursed Child Blesses Retail
The numbers are in for the latest addition to J.K. Rowling’s Wizarding World franchise, Harry Potter and the Cursed Child: Parts 1 & 2, and the book is strongly positioned to break records. The franchise will further grow with the upcoming film Fantastic Beasts and Where to Find Them, slated for release on November 18, 2016. Although the Harry Potter licensing program has … [Read more...] about Cursed Child Blesses Retail
BRICs Falling—Tough Times in Emerging Licensing Markets
By Glenn S. Demby, Esq. Just a few years ago, the BRIC countries of Brazil, Russia, India and China seemed to be emerging powerhouses of licensing, posting growth rates that left the world's mature economies in the dust. But now the BRICs are going through hard times, as documented by findings from the 2016 TLL Annual Licensing Business Survey. China Still Growing but at Slower … [Read more...] about BRICs Falling—Tough Times in Emerging Licensing Markets
Star Wars Blasts Toy Industry Growth to Century High
By Marcy Magiera Toys based on movie, TV and other entertainment content licenses will push U.S. toy sales to growth of 7.0% in 2016, the market's fastest growth this century, predicts The NPD Group. U.S. toy sales grew a stellar 7.5% in the first half of this year, outpacing first-half growth in 2015, when full-year growth ended up at 6.7%, according to NPD. The biggest … [Read more...] about Star Wars Blasts Toy Industry Growth to Century High
Pitfalls & Protections in Licensing Agreements
Before signing any licensing agreement, a licensee has to ensure they are completely covered. Here are the basic steps every manufacturer should take before putting pen to paper. In reviewing licensing agreements you must know what your critical business requirements are and whether the agreement that you are reviewing grants them to you or not. This is one of those difficult … [Read more...] about Pitfalls & Protections in Licensing Agreements
Who’s News
Adam Berg joins The Valen Group as VP Strategic Brand Licensing. Vans appoints Doug Palladini to the position of Global Brand President. Cathryn Summerhayes is joining Curtis Brown as an Agent effective Sept. 1st. Golden Bear promotes Barry Hughes to Managing Director. Hasbro acquires Boulder Media; the animation studio now reports to Stephen Davis, Chief Content Officer … [Read more...] about Who’s News