Global Brands Group purchases a majority stake in Sean John, Sean “Diddy” Combs' men’s lifestyle brand, as well as Combs’ hip-hop fashion brand Enyce. Sean John, which has annual retail sales of $450 million, operates under a completely licensed model; current licensees and an exclusive retail partnership with Macy's will be retained. Cherokee Global Brands (owner of Cherokee, … [Read more...] about Mergers & Acquisitions
Machinima
Mergers & Acquisitions
The leading bidder for collegiate sports marketing agency Learfield Communications is now TPG Capital. As the majority stake owner of CAA, TPG plans to merge the two agencies if its rumored $1.2–1.3 billion bid is successful. UBM, LIMA, and Alifish—the licensing and entertainment business unit of Chinese e-commerce giant Alibaba—join forces. In addition to online licensing … [Read more...] about Mergers & Acquisitions
New Players Enter the eSports Area
By Karina Masolova Turner's Cartoon Network EMEA is the latest company to enter the eSports arena with a single elimination live tournament based on its upcoming mobile game app Adventure Time Card Wars Kingdom in partnership with Machinima. Let's Play Flooping Card Wars! will stream on Machinima's Twitch channel on July 15, when four of the gaming culture site's top … [Read more...] about New Players Enter the eSports Area
Who’s News
Art licensing agency MHS Licensing has hired Cathy Anderson as an Account Executive. Iconix Brand Group has promoted Carolann Dunn to the newly created role of VP Sales for Peanuts Worldwide and Iconix Brand Group’s entertainment division Estée Lauder expands John Demsey's responsibilities to become Executive Group President. Jane Hertzmark Hudis is also promoted to Group … [Read more...] about Who’s News