Contact the Editor at karina@plainlanguagemedia.com. Inspire Brands agrees to acquire Sonic Corp. in a $2.3 billion deal. The restauranteur's portfolio includes 4,700 Arby’s, Buffalo Wild Wings, and Rusty Taco locations worldwide. This deal boosts Inspire's total to 8,200 locations, making it one of the 10 largest U.S. restaurant companies by that measure. Inspire will continue … [Read more...] about M&A: Shakedowns in Fashion & Food
Chanel
Apparel Fuels 3.1% Growth in U.S./Canada Fashion Licensing—Global Growth Is Even Higher
Growing competition; continued decline in the brick and mortar backyard; currency devaluation in Europe and Asia; a fourth quarter retail fiasco. 2015 was a tough year for the fashion industry. Yet, for all of the challenges, fashion licensing prospered in not only in the U.S./Canada but worldwide, according to The Licensing Letter’s Annual Licensing Business Survey. Global … [Read more...] about Apparel Fuels 3.1% Growth in U.S./Canada Fashion Licensing—Global Growth Is Even Higher
New Channel for Chanel
Bowing to the inevitable, Chanel announced that it will begin engaging in e-commerce probably by the end of 2016. The move includes three of the Métier d’Art companies owned by Chanel’s Paraffection subsidiary, including glove-maker Causse, milliner Maison Michel and cashmere house Barrie Knitwear, all of which will sell online on separate e-commerce sites. It’s not a shift in … [Read more...] about New Channel for Chanel