The United States Tennis Association (USTA) and Aramark partner to provide retail merchandise services for the USTA Billie Jean King National Tennis Center, home of the US Open. Under the multi-year agreement, Aramark will manage all aspects of the US Open Tennis Championships’ retail sales and merchandising operations throughout the grounds of the National Tennis Center. … [Read more...] about M&A Shorts
Sports
M&A Shorts
The United States Tennis Association (USTA) and Aramark partner to provide retail merchandise services for the USTA Billie Jean King National Tennis Center, home of the US Open. Under the multi-year agreement, Aramark will manage all aspects of the US Open Tennis Championships’ retail sales and merchandising operations throughout the grounds of the National Tennis Center. … [Read more...] about M&A Shorts
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
Deals in Short
As always, see the complete list of deals from this last week here. In Japan, a Betty Boop-branded diner opens in Japan through a deal brokered with Food Business Consultant Inc. (FBC) by licensor King Features’ Japanese agent, Copyrights Asia. The location plans to feature merch and special holiday events in the '50s-esque eatery. WildBrain is appointed as the exclusive … [Read more...] about Deals in Short
Pokémon, Rio2016 Merchandise Ride Summer Sales Wave
The pop culture and sports events of the summer have created a groundswell of demand for related licensed merchandise. According to reports, Pokémon-related merchandise sales built through July and could be on track to remain high through the holiday season. Meanwhile, retailers selling Rio2016 merchandise are winning gold, several of them recently told Forbes. Pokémon Go … [Read more...] about Pokémon, Rio2016 Merchandise Ride Summer Sales Wave
Stephen Curry & His Warriors Top NBA Sales List
By Karina Masolova Reigning NBA MVP Stephen Curry and defending NBA Champion Golden State Warriors reigned as No. 1 on the NBA's most popular jersey and team merchandise lists for the 2015/2016 season. The team's NBA Finals 2016 win landed them on the top of the popular team merchandise list for the first time since January 2015. See the results below, which are based on … [Read more...] about Stephen Curry & His Warriors Top NBA Sales List
The NBA & Its Licensees Woo the Female Fan
By Glenn S. Demby, Esq. As in the other pro sports leagues, the NBA and licensees are investing heavily in the female market. Women now account for 38% of the league's fan base and 40% of its licensed apparel purchasers. True, only 10% of those apparel products are actually for females, but that ratio has tripled since 2012. "The NBA has been working with its partners to … [Read more...] about The NBA & Its Licensees Woo the Female Fan
A Roundup of Recent Sports Licensing Deals
By Glenn S. Demby, Esq. Topps Tosses Celebrities into MLB Card Mix Would you trade your Clayton Kershaw or Bryce Harper for a President George H.W. Bush? If you collect baseball cards, these are the difficult decisions you may have to make. In addition to over 350 players, the newly released 2016 Topps Baseball Series 2 collection features insert sets commemorating … [Read more...] about A Roundup of Recent Sports Licensing Deals
E-commerce Sales Top $11 Billion in 2015; Led by Trademarks and Entertainment
By Karina MasolovaOver $11 billion in licensed merchandise was sold through e-commerce retail channels in the U.S. and Canada in 2015, according to The Licensing Letter’s Annual Licensing Business Survey. Factoring out automobiles and fuel, the U.S. Commerce Department estimates that 10.5% of all U.S. retail sales in 2015 were made online. In contrast, TLL estimates that … [Read more...] about E-commerce Sales Top $11 Billion in 2015; Led by Trademarks and Entertainment
Rihanna Shows Strength for Puma, Foot Locker
By Marcy Magiera In the competitive world of licensed athletic gear, pop singer and fashion icon Rihanna is riding the demand for athleisure apparel to go toe-to-toe with some of the biggest athletes in the NBA. Athletic retailer Foot Locker on Friday posted its highest quarterly net income ($191 million, up 3.8%) and earnings per share ($1.39) in the company's history, but … [Read more...] about Rihanna Shows Strength for Puma, Foot Locker