By Gary Symons TLL Editor in Chief Two key reports released over the past two weeks illustrate the devastating impact of COVID-19 on the licensing and retail industries … but they also paint an encouraging picture for the economic recovery of both sectors as vaccination programs roll out in America and around the world. License Global released its report—COVID-19: What … [Read more...] about Twin Studies Predict Strong Recovery For Licensing and Retail
Retailers
Troubled JC Penney Searching For New CEO
JCPenney has survived the ups and downs of the economy for 118 years ... but whether it will survive much longer is open to question. The company now hopes new blood in the CEO suite will help JCPenney turn around a dire situation that saw the department store chain file for bankruptcy in May, after losing money for 10 straight years. CEO Jill Soltau, who took on the position … [Read more...] about Troubled JC Penney Searching For New CEO
Fanatics & Lids Reach Long-Term Deal With BNED
The sports merchandise company Fanatics has added to its long list of critical deals in 2020 with a long-term merchandising partnership with Barnes & Noble Education Inc. (BNED), the campus store division of the Barnes & Noble parent company. Fanatics will offer BNED campus stores an expanded product selection and a direct-to-consumer platform. Fanatics' partly-owned … [Read more...] about Fanatics & Lids Reach Long-Term Deal With BNED
Tesco Releases its Top Ten Toy List for Xmas 2020
What’s the top toy on every retailer’s Christmas list this year? According to the Britsh supermarket giant Tesco, a doll that talks about its feelings tops the Xmas Wish List for 2020, followed closely by Lego’s Super Mario Starter Course, which also placed highly last year. The Kindi Kids ‘Shiver & Shake’ Rainbow Kate is an interactive doll featuring over 40 sounds and … [Read more...] about Tesco Releases its Top Ten Toy List for Xmas 2020
Discounters, Specialty Channels Drive Licensed Entertainment/Character Sales in 2019
Contact the editor at karina@plainlanguagemedia.com Brick-and-mortar channels fielded 81.2% of all licensed entertainment- and character-based sales in 2019, according to TLL’s Annual Licensing Business Survey. Physical retail’s share of U.S. and Canadian sales has decreased from 86.0% in 2009, when TLL began tracking this data. Since then, ecommerce channels have jumped … [Read more...] about Discounters, Specialty Channels Drive Licensed Entertainment/Character Sales in 2019
Retail Sales of Licensed Merchandise, by Distribution Channel, U.S. & Canada
Licensed Ecommerce Sales Jump 3.5%, Outpacing B&M Channel Growth in 2019
Contact the editor at karina@plainlanguagemedia.com Licensed retail sales in the U.S. and Canada were up 3.2% in 2019, with ecommerce sales outpacing the industry average at 3.5% growth and sales through brick and mortar channels up 3.0% per TLL’s Annual Licensing Business Survey. Of the total $114.0 billion in licensed retail sales estimated in the territory, sales … [Read more...] about Licensed Ecommerce Sales Jump 3.5%, Outpacing B&M Channel Growth in 2019
Fashion, Corporate Trademarks Drive Licensed Sales through Ecommerce Channels in 2018
Contact the editor at karina@plainlanguagemedia.com In 2018, licensed retail sales through online/ecommerce channels reached $13.7 billion in the U.S. and Canada, up 4.7% from the previous year. In comparison, sales through brick and mortar channels were up just 0.8% compared to the previous year. Licensed sales through ecommerce make up 12.4% share of all sales in the U.S. … [Read more...] about Fashion, Corporate Trademarks Drive Licensed Sales through Ecommerce Channels in 2018