4K Media Renamed Konami Cross Media NY

4K Media Inc. is renamed Konami Cross Media NY Inc., capping a year in which it expanded to handle licensing for the Konami’s iconic Bomberman, Frogger and Contra videogames in addition to the Yu-Gi-Oh anime property. Yuta Kose, formerly general manager of Konami’s Business Promotions Division’s Cross Media Department, was named President of Konami Cross Media. Jennifer Coleman will continue

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Executives

Lenox Chief Merchandising Officer Michelle Barbone departs, replaced on interim basis by CEO Mada Ryder… Changes at Oneida Group:  Bert Filice, ex-Magnotta Winery Corp., named President and Chief Sales Officer; Sean Gibson, Director of Marketing and Innovation, named VP… Changes at CPLG: Meiki de Vaere, formerly food production company Parabel, named Director of Retail-Benelux; Jennifer Gould, ex-Global Icons, named Brand

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Iconix posts $69 Million Q4 Loss

Iconix Brand Group will continue to focus more on standard third-party licensing agreements and less on its previously emphasized DTRs as it seeks to widen retail distribution for its brands, CEO Robert Galvin said in releasing Q4 earnings. The company has signed 83 deals since October carrying an aggregate $45 million in minimum guarantees on contracts ranging from one to

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Five Below Posts Q4 Profit on Strong Toy Sales; Trans World Entertainment Reports Loss

Five Below, benefitting from Toys R Us’ departure, reported a Q4 profit on strong toy sales, while Trans World Entertainment (FYE) posted a $65.2 million loss in Q4 and slashed its workforce 30%. Five Below’s net income rose 32.5% to $89.3 million in Q4 ended Feb. 3 as revenue jumped 12.4% to $603 million amid better-then-expected toy sales during the

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Xcel Readies Broader Halston Licensing

Xcel Brands has acquired the remaining Halston brands from Hilco Consumer Capital, setting the stage for a broader licensing program for the label, CFO James Haran said in releasing Q4 earnings. Xcel bought the Halston Heritage and Halston labels in February, reuniting them with the H by Halston and H Halston brands it acquired in December 2014. Hilco had owned

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Agencies

The Bill Blass fashion brand is renewing its push in licensing, now represented by The Brand Liaison, which is seeking deals for men’s and women’s apparel and accessories and fragrances. At its licensing peak in the late 1990s, the brand had more than 40 licensees and $800 million in annual retail sales of licensed goods. Since then, it has had

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Scholastic Readies Licensing for New Clifford Series on Amazon Prime

With new “Clifford the Big Red Dog” content set to air on Amazon Prime and PBS Kids this fall, Scholastic is readying licensing and publishing programs behind it as the company sharpens its efforts on creating programming for streaming services, CEO Richard Robinson said in releasing earnings. Scholastic has 15 different productions underway that are funded by the streaming services,

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Ongoing Shifts Seen at New York Home Fashions Market

A journey through the showrooms during New York Home Fashions Market found a raft of tactical and strategic shifts, new licensing ventures, and category entries. Having secured new licensees for Royal Velvet (Himatsingka for fashion bedding) and Cannon (Pem-America for fashion bedding, throws; Blue Ridge Home Fashions for down comforters) as DTRs with J.C. Penney and Sears Holdings end Iconix

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Global Icons Buys Majority Stake in Fred Segal

Global Icons acquires a majority stake in fashion retailer Fred Segal from Evolution Media Partners with plans to both expand the chain and move it into licensing, says Global Icons CEO Jeff Lotman. Terms weren’t disclosed; Evolution, which purchased a stake in Fred Segal in 2014, will retain a minority interest. The chain, which will open its ninth location in

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The Entertainer Posts 31% Profit Increase

The Entertainer, riding a sharp increase in its ecommerce business and expansion of its private label Addo brand, reported a 31% profit increase to $19.8 million in the year ended Jan. 28 as revenue rose 21.7% to $310.1 million. The 163-store UK chain’s ecommerce revenue through The ToyShop.com rose 39%. Same-store sales increased 12.3%. Ecommerce accounts for about 20% of

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