The Licensing Letter

Mergers & Acquisitions

M&A & Bankruptcy

Nine West Holdings files for bankruptcy, listing debts of approximately $1.5 million. The apparel, jewelry, and jeanswear company is planning sell its flagship brand, Nine West, to Authentic Brands Group. It will also sell its Bandolino brand and reorganize around other businesses, including the Anne Klein name. MGA Entertainment CEO Isaac Larian makes his move, submitting a … [Read more...] about M&A & Bankruptcy

M&A, Experiential & Legal

Universal Brand Development and Film Concerts Live! launch Jurassic World in Concert; the world premiere features the National Symphony Orchestra performing the complete Jurassic World score live as the 2015 movie is projected in HD onto a massive screen. The opening night will take place on May 30 with a special concert at the Kennedy Center in Washington D.C. This is a … [Read more...] about M&A, Experiential & Legal

M&A & Experiential

American households are loading up on credit card debt, according to data from the Federal Reserve and a related study by WalletHub. By the end of 2017, credit card debt in the U.S. reached $1.01 trillion, beating out the previous record of $984 billion at the end of 2008 and the start of 2009, the tipping point of the Great Recession. Just this past holiday season, WalletHub … [Read more...] about M&A & Experiential

M&A: Toys & Entertainment Edition

Ubisoft acquires 1492 Studio, a French video game development house specializing in free-to-play episodic and interactive stories on mobile. eOne buys out the remaining 49% stake in The Mark Gordon Co. that it didn't already own in a deal worth $209 million. As part of the deal, founder Mark Gordon joins eOne as Chief Content Officer. Spin Master acquires plush manufacturer … [Read more...] about M&A: Toys & Entertainment Edition

Retail Sales, Partnerships & M&A

The U.S. Commerce Department released its first estimate for Q4 GPD, which increased at an annualized rate of 2.6%—and consumer spending, which was up by 3.8% and saw its fastest growth rate in over a year. A successful holiday season, however, means that retailers are also having trouble restocking shelves. A report from the Wall Street Journal suggests that businesses are … [Read more...] about Retail Sales, Partnerships & M&A

HBA Gets Fashionable

Licensed consumer goods based on fashion brands generated $21.45 billion worth of retail sales in the U.S./Canada in 2016—HBA goods accounted for $2.55 billion's worth of that. This year, we can expect to see more competition in the HBA space from home-brewed brands (the types of which would have been obvious picks for licensing in prior years) and new, innovative extensions … [Read more...] about HBA Gets Fashionable

Roundup: Business & Legal

The parentco of Coach, Kate Spade New York, and Stuart Weitzman will re-brand itself as Tapestry effective Oct. 31, 2017. CEO Victor Luis told WWE that the shift reimagines Coach as a "true house of emotional, desirable brands," that will "extend into new categories and markets" within "the very attractive and growing $80 billion global market for premium handbag and … [Read more...] about Roundup: Business & Legal

M&A & Promotions

CORRECTION: On Sept. 9, we reported a new “patent cross-licensing” deal between Scientific Games and Intl. Game Technology (IGT). The agreement only covers "game features" patents, and does not, as our earlier story might have suggested, cover other types of intellectual property such as brand licenses. Learfield and IMG make their union official, formally announcing a … [Read more...] about M&A & Promotions

M&A & Other Business

Ravensburger acquires ThinkFun, a U.S. developer of logic and STEM-based games. ThinkFun will continue to operate independently as a subsidiary of Ravensburger North America. Co-founder Bill Ritchie remains as CCO, as well as all directors and staff. Universal is in talks to sell its stake in Oriental DreamWorks, the China-based joint venture animation company, according to … [Read more...] about M&A & Other Business