Toys have long been part of the world of museum licensing — the latter a sector that has, overall, been expanding greatly in recent years — yet they remain a relatively small part of most institutions’ brand-extension efforts. That said, a number of high-profile deals have come to light this year in which leading museums […]
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Fine Art Meets Fashion Retail
The fashion industry has been turning more and more often to art and artists for new apparel collections that grab consumers’ attention. One segment within that sphere that has been expanding of late consists of pairings of classic fine artists, licensed through their estates or museums that hold artworks of theirs, with fashion retailers. A […]
Museums Exhibit a Knack for Licensing
Art museums around the world are expanding their licensing efforts, continuing a trend that has intensified over the past several years. Licensed products and experiences can be a way to raise awareness by bringing museums’ brands and artwork into new places, generate ancillary revenue that helps keep the institution open and support its mission, and […]
Picture-Perfect Beauty
Art museums, and the fine artists whose work appears in those institutions, have increasingly been forging licensing and collaboration deals in the beauty category—especially in fragrances—resulting in creative interpretations of key works of art, not just on packaging but in the formulation of the scents and color palettes themselves. Products range from exceedingly limited and […]
Collaborative Cups of Tea
Specialty teas and gift sets centered around tea do not represent a new category for licensing, but the number of deals (mostly for limited editions) and the variety of properties involved have both been growing recently. Here is some of what four leading licensed tea purveyors have been up to when it comes to collaborations: […]
State of the Art
Museums, from the V&A in London to MoMA in New York, have been involved in both inbound and outbound licensing for a long time, and several players have been entering and expanding their licensing activities at a fast pace over the last two years. Institutions including The Met, the Frank Lloyd Wright Foundation, Oxford University’s […]
The Art of the Nail
For teens and young adults, the fingernails represent a canvas for social expression. Whether using bright colors and unusual finishes, having each nail a unique color or style, or painting elaborate designs, many young consumers spend significant time and money turning their nails into fashion statements, often sharing the results on social media. The nail […]