Starbucks Says It’s Gained Marketshare via Nestle Alliance

Starbucks  gained just under one percent of market share during Q1 ended Dec. 31 in ground, roasted and K-Cup coffee in shifting its licensed business to Nestle, company executives said in releasing earnings. Nestle is expanding Starbucks’ brand presence in international markets and will bring it into its Nespresso and Dolce Gusto platforms starting in the spring, Starbucks CEO Kevin

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Top Creditor Opposes Lampert’s Bid for Sears; Brands At the Core

The U.S. government’s pension insurer is opposing the proposed sale of Sears Holdings to Chairman Eddie Lampert’s ESL Investments, citing a growing liability related to the entity that controls Sears biggest brands. The Pension Benefit Guaranty Corp. (PBGC), in documents filed Saturday in U.S. Bankruptcy Court, New York, said KCD Brands  hasn’t been paid royalties since Sears filed for bankruptcy

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Executives

Vladimir Gorbulya, formerly Head of Licensing at Animaccord Group (creators of Masha and the Bear), appointed CEO… Warwick Brenner, ex-World Wrestling Entertainment, named VP EMEA Consumer Products at Hasbro, replacing James Walker, who left the company… John McClain, ex-Jones Apparel Group, named CFO at Iconix Brand Group effective Feb. 11, replacing David Jones, who left the company… Kate Schlomann, ex-Mattel,

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G-III Sports Renews Starter License as It Prepares to Launch AAF

G-III Sports renewed its license for Iconix’ Starter brand (when used in conjunction with sports licenses), and will bring the Starter Black label into children’s clothing (also with professional sports logos) for the first time.  It also is preparing to launch on-field apparel and uniforms for the new Alliance of American Football (AAF). Both the AAF uniforms and children’s Starter

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Nike Named MLB Uniform Supplier; Fanatics To Manufacture and Distribute for Retail

Nike will become Major League Baseball’s (MLB) uniform supplier starting with 2020 season, bringing its iconic swoosh onto the field under terms of a 10-year-deal. At the same time, Fanatics will make and distribute all Nike-branded MLB apparel to be sold at retail. MLB had originally done a similar deal with Under Armour, but the latter backed out amid financial

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Executives

Changes at Jakks Pacific: Tara Hefter advances to EVP and General Mgr. of the Disguise division from SVP Global Licensing; Disguise Pres. Joe Anton will retire at year-end; Virginia Reneau, ex-Galerie Candy and Gifts, returns as VP Global Licensing; Dan Cooney named EVP for the international division, while remaining SVP Sales for Amazon; International Division President Carmine Russo will retire

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Stanley Black & Decker Reports $196 Million in Craftsman Sales

Products sold under the Craftsman brand generated $196 million in retail sales in the year ended Dec. 29, and the brand remains on target for $1 billion in annual revenue by 2021, Stanley Black & Decker (SBD) executives said in releasing Q4 earnings. Sears bought the Craftsman brand from Sears in 2017. The bulk of sales – storage products and

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Bravado Acquires Epic Rights

Universal Music Group’s (UMG) Bravado acquires Epic Rights, creating a music merchandising division that will represent more than 50 musicians and bands. Terms of the sale weren’t disclosed. Epic Rights’ roster – built since CEO Dell Furano formed the company in 2014 – features more than 30 artists and bands including Kiss, Billy Joel, Aerosmith, Jimi Hendrix and AC/DC. The company,

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VF Working on Timberland Collaborations

VF Corp. is “methodically” expanding collaborations for Timberland and expanding into new categories including women’s outerwear as it “resets” the brand, CEO Steve Rendle said in releasing Q3 earnings. In recent months, VF has launched hoodies, fleece sport pants and boots co-branded with Hanesbrand’s Champion label, and boots with Japanese fashion label Bathing Ape. The brand posted a 3% increase

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CE Accessories Companies Seek Distribution Edge Via Lifestyle Licenses

Manufacturers and marketers of consumer electronics accessories are taking on a broadening array of licenses in an effort to squeeze into specific distribution channels with brands and gear that are increasingly central to consumers’ lifestyles. It’s apparent that products such as headphones, earbuds, cellphone cases and other accessories have morphed into fashion statements. That was in full evidence at this

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