Executives

  David Kimbell, Chief Merchandising and Marketing Officer at retailer Ulta Beauty, adds President title, new position, with responsibility for corporate strategy, merchandise planning and operations… Corie Barry, Chief Financial and Strategic Transformation Officer at Best Buy, named CEO effective June 11, replacing Hubert Joly, who will remain Executive Chairman… Cookware supplier Meyer Corp. Managing Director Darrin Johnston to resign

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Marquee Brands Buying Martha Stewart Brand from Sequential Brands Group

Sequential Brands Group is selling the Martha Stewart and Emeril Lagasse brands to Marquee Brands for $175 million. There is earnout provision for Sequential to receive as much as an additional $40 million if the brands’ sales meet certain goals. The sale is expected to close in Q2. For Marquee, the purchase is the most recent since it closed a

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Opening of TWA Hotel Puts Spotlight on Licensing to Help Revive Dormant Brands

Next month’s planned launch of the TWA Hotel at JFK International Airport in New York will bring to life a brand that’s largely been absent from the marketplace for several years. Brands come and go – these days with sometimes astonishing speed – and this new effort to bring the iconic Trans World Airlines brand to life shines a spotlight

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New Rise Brands Holdings, Iconix Settle Suit

New Rise Brand Holdings settles its lawsuit against Iconix Brand Group that accused Iconix of fraud and improperly terminating New Rise’s license for the Ecko Unlimited trademark, Iconix said in a 10K. New Rise, along with Sichuan New Rise Import & Export Co., which signed a licensing agreement with Iconix in 2010 and filed suit in April 2016, had sought

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Levi Strauss & Co. Posts $111.5 Million in Licensing-Related Revenue

Levi Strauss & Co. posted about $111.5 million in annual outbound licensing-related revenue in the year ended Nov. 25 stemming from agreements for the Levi’s and Dockers brands across 10 product categories, including footwear, belts, wallets, dress shirts and sweaters, the company said in a 10K. The licensing-related revenue is about 2% of $5.57B in total revenue, a percentage that’s

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Disney Unveils Streaming Service; What are the Implications of a Fragmenting Audience?

Disney’s unveiling of the Disney+ streaming service represents a further splintering of programming behind paywalls. It also raises the questions for all platform and entertainment producers of how new and backlisted content that’s viewable only by subscribers to a specific service will be leveraged with licensed product. With Disney joining Netflix, Amazon Prime and others in offering streaming services, consumers

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Executives

Jordan Schlachter, ex-National Basketball Players Association, joins the new XFL football league as Chief Marketing and Commercial Officer… Jamie Gutfreund, formerly digital advertising agency Wunderman Thompson, named Chief Experience Officer at Hasbro, new post that reports to President John Frascotti… Former Classic Media Co-President and Founder Eric Ellenbogen hired as Senior Advisor through December at DHX Media with charge of

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Bed Bath & Beyond Increasing Reliance on Private Label, ‘Preferred Brands’

Bed Bath & Beyond will increase its reliance on private label and “preferred” brands as it seeks to boost gross margin and reverse slumping sales, company executives said in releasing Q4 earnings. The chain launched its first private label in March – Bee and Willow Home – with bedding, area rugs, and decorative accessories “performing well” thus far, CEO Steven

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Dave & Buster’s Entertainment Raises Prices on Licensed VR Games

Dave & Buster’s Entertainment boosted prices (from $5 to $7) on licensed VR games in about half of its 125 locations amid strong demand for the titles, including “Jurassic World VR Expedition” and “Star Trek: Dark Remnants”, the chain’s CEO said in releasing Q4 earnings. Those two games have been joined by “Marvel: Contest of Champions” and a Men in

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Macy’s Unveils Story in 36 Stores

A year after buying concept store developer Story, Macy’s unveiled the format today (April 10) across 36 locations in 15 states, including a 7,500-sq.-ft. section in the flagship Herald Square store in New York. “This [Story] an opportunity to test something in 36 stores before rolling out to scale,” said Macy’s Chief Experience Officer Rachel Shechtman, who founded Story in

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