The COVID-19 lockdown has caused steep global sales declines for most consumer products over the last six weeks or so. The impact has been evident across a wide swath of product categories, with the key licensed sectors of apparel, footwear, and accessories particularly hard-hit. There have been some exceptions to the rule, of course, notably […]
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A Tumultuous Month for Meal Kits
A lot has happened in the constantly changing meal kit space in the last month or so, with some developments positive and some challenging. Taken together, these recent news items provide a snapshot of the current status of the meal kit business. This remains a category of interest to many licensors, especially in the celebrity, […]
Grocers Have a Taste for Meal Kits
The meal kit business has experienced some potentially profound changes of late, with grocery store operators increasing their presence in the segment. They are entering in a number of ways: Purchasing existing meal kit companies. Kroger acquired Home Chef for $200 million (plus $500 million more if the program meets online and in-store sales goals) […]