Continuing a partnership that started in 1982, Majestic Athletic will remain the uniform licensee of Major League Baseball Properties through 2019 with exclusive rights to design, produce and distribute on-field uniforms, authentic collection apparel, replica jerseys and other men’s and women’s fan apparel for all 30 MLB teams. MLB jersey sales were strong in 2014, despite the … [Read more...] about MLB & Majestic Re-up
Articles
Adidas to Give Up NBA Sponsorship
After 11 years of being the official apparel sponsor of the NBA, Adidas announced that it will not seek to renew its status after the 2016–2017 season. According to several reports, the announcement came about a week after the League told Adidas that it would open the bidding to other brands like Nike and Under Armour. Result: Renewing the license would have likely cost … [Read more...] about Adidas to Give Up NBA Sponsorship
Avengers Campaign Targets Fashion, Health
Disney Consumer Products announced what it’s calling one of “its biggest ever licensing programs” around the new Avengers: Age of Ultron film and offshoot programming; and given Disney’s track record, that’s no idle boast. The licensing program includes a push into what the studio considers high-potential categories, including female fashion and items intended to foster active … [Read more...] about Avengers Campaign Targets Fashion, Health
Sega Expands Sonic Boom
Sega of America unveiled a host of new licensing and promotional deals involving its Sonic Boom game property, including: World Tech Toys for remote- controlled helicopters; Bulls I Toy for erasers, stickers, trading cards and other novelties; teNeues Publishing Group for wall calendars; Rubie’s Costume for costumes; Bakery Crafts/Jack Guttman for cake decoration kits. … [Read more...] about Sega Expands Sonic Boom
Bad Year for Angry Birds
Rovio Entertainment, creator of Angry Birds, saw its consumer product licensing revenues fall from €71.3 million in 2013 to €41.4 million in 2014, according to company financial reports. Disappointing Angry Birds’ licensed goods sales took down not only Rovio but the entire video games/interactive/online property type category, which fell 4% in U.S. and Canada, according to … [Read more...] about Bad Year for Angry Birds
Average Royalty Rates in U.S. & Canada Steady for Decade; Entertainment Fees Climb, Guarantees & Advances Flat
Royalties on licensed retail goods in U.S. and Canada in 2014 represented the picture of longterm stability, capping a decade-long trend of little to no movement. The average royalty in 2014 was 8.68%, compared to 8.67% in 2013, a change of just 0.01%. Since 2005, the average royalty rate across property types and product categories has been in the 8.6% to 8.8% range. More … [Read more...] about Average Royalty Rates in U.S. & Canada Steady for Decade; Entertainment Fees Climb, Guarantees & Advances Flat
Who’s News
Anne Globe is the new chief marketing officer for Skydance Productions and will head up marketing, publicity, licensing and promotion of the five-year-old companies brands including 2015 releases “Terminator: Genisys” and “Mission: Impossible 5.”Brand Central promotes two key employees: Jodi Bogdanoff to vice president of licensing responsible for overseeing the agency’s food … [Read more...] about Who’s News
Single-Serving Products Make Coffee Rich Ground for Licensing
Two decades ago, Keurig Green Mountain introduced the world to its patented K-cup single brewing system. Coffee consumption would never be the same. Soon "K-cup" had become a generic term, and the communal pot of coffee for office or home consumption became an endangered species—at least in wealthy parts of the world like North America and Europe where consumers could afford … [Read more...] about Single-Serving Products Make Coffee Rich Ground for Licensing
Licensing Silver Lining for DreamWorks
Consumer products licensing was the bright spot in a challenging 2014 for DreamWorks Animation, which saw its films Penguins of Madagascar and Mr. Peabody and Sherman under-perform in theaters. Consumer product revenue rose 77.5% to $22.1 million in the fourth quarter, while segment gross profit rose to $6.1 million due to higher sales of the studio’s merchandise, … [Read more...] about Licensing Silver Lining for DreamWorks
Adidas Sells More, Makes Less
The good news for Adidas is that sales of brand products in the fourth quarter increased 11% thanks to double-digit sales growth in the sport performance training and running categories. Adidas Originals and Adidas NEO product sales also jumped more than 10% during the quarter. Reebok sales grew by a more modest 1%. Overall, Adidas’s sales for the year are up by 6%. The bad … [Read more...] about Adidas Sells More, Makes Less