Earlier this year, two licensors reworked their deals with important licensees, granting them perpetual licenses within their categories. This is a relatively uncommon deal structure where a significant upfront payment, typically in lieu of an ongoing royalty, gives the licensee ownership of their category indefinitely, with the IP owner retaining rights to the underlying brand. […]
Tag Archives | Sears
Fifty-Plus Fashion
Women aged 50 and over have long been an untapped market segment for licensing programs. But a growing number of direct-to-retail initiatives with etailers, retailers, and home shopping networks have focused on this demographic over the past few years, all involving celebrities who are in that age group themselves: Most recently, Jane Fonda paired with […]
Shopping for New Retail Strategies
Retail chains continue to experiment with different business models as they deal with ongoing challenges. Some recent ventures illustrate the variety of strategies being tested: Partnerships with etailers. Lord & Taylor is launching a presence on Walmart’s website starting in spring 2018, referring to the initiative as its online flagship store. The deal brings the […]
Proprietary No More
Within the last month, both Sears and Macy’s have sold long-established proprietary brands—Craftsman and Frango, respectively—to third parties. Their willingness to do so is yet another indication of how much the retail sector is struggling. Sears has owned Craftsman since 1927, and the brand has been strongly associated with Sears in consumers’ minds ever since. […]