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. […]
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M&A À La Mode
This year has seen significant numbers of mergers and acquisitions in the global fashion industry, with much of the action centered in the luxury and/or direct-to-consumer spaces. Some of the reasons given for the high level of activity include consolidation in the digital-first DTC space; the need to strengthen omnichannel distribution capabilities; a wish to […]