For fast-fashion retailers, offering continuous collaborations with licensed properties, from character and entertainment IP to luxury fashion labels, has long been fundamental to their business model. Working with licensed IP is a critical tool for enabling a never-ending stream of in-and-out products that keeps their young customers coming back regularly to hunt for inexpensive treasures […]
Archive | Retail
Asian Retailers Expand Reach
Retail chains from Japan and China that specialize in affordable, stylish merchandise, especially home goods, gifts, and stationery, are expanding quickly on a global scale. Known for their Asian design sensibility—which has become popular worldwide—they turn products over quickly to encourage return visits and give fans new surprises each time. They are often open to […]
Grabbing a Slice of Licensed Product Sales
Earlier this month, Domino’s retained Brand Central as its agent for brand-extension licensing, joining a handful of other pizza restaurants with outbound licensing programs. Overall, relatively few of the leading players in this sector are actively involved in lending their names to retail foods and other consumer products, at least in a significant way. This […]
Hooked on Fast Fashion
Sustainability concerns have taken some of the luster from the fast fashion retail sector. The core business model, after all, is to encourage purchases of inexpensive clothes that are meant to be replaced quickly with trendy new pieces, creating an ongoing cycle of waste. Based on the number of deals being done with fast-fashion retailers, […]
Boba Tie-Ins Bubble Up
By Karen Raugust on January 25, 2024 in Character/Entertainment, Food/Beverage, International, Licensing, Promotion, Retail
Bubble tea, or boba—a creamy, tea-based drink containing tapioca pearls—was invented in Taiwan and has been spreading around the world, including into the U.S., where boba drink outlets are becoming ubiquitous at malls and elsewhere. The U.S. bubble tea market was forecast to reach $464.29 million in 2023, up 6.9% from $434.11 million in 2022, […]
Oodles of Noodle Shop Tie-ins
Asian food and culture, from anime to K-Pop, continues to gain strength internationally, and it follows that players in this sector are active in licensing, collaborations, and promotional deals. A case in point: Ramen restaurants, which have slowly been raising their profile as participants in tie-ins with licensed entertainment properties. A few examples of ramen […]
Making the Grade with Expanded Dorm Décor
In social media communities frequented by college-bound teens and young adults, dorm room décor is experiencing something of a golden age. Influencers and designers have been highlighting ideas for small spaces like dorm rooms and first apartments, students themselves have been gaining social media fame for sharing their creative college living spaces—sometimes put together at […]
Getting Together for a Meal (Kit)
Despite continued challenges in the meal kit industry, including the difficulty of retaining customers, high (and rising) operational and marketing costs, a demand curve that tends to be seasonal rather than steady, and more, the category has remained a viable one for many licensors. These include celebrities, especially chefs, and owners of family-friendly entertainment properties, […]
Trouble on the Home Front
The two-week period from April 24 to May 5, 2023, was particularly brutal for retailers specializing in home goods, with three 50-year-old brands declaring bankruptcy and two of them shutting down completely: Bed Bath & Beyond, the original “category killer” in the home space, declared bankruptcy and liquidated its 360 stores, along with the 120 […]
Standing in Someone Else’s Shoes
As retailers continue to increase brand-extension activity based on their proprietary IP—through licensing or other models—footwear has, not surprisingly, become a key category of interest for retail chains in the fashion and lifestyle spaces. Sometimes the licensed or collaborative shoes are sold primarily in the licensors’ own stores, but they often find distribution opportunities in […]