The unpredictable nature
of direct to retail licensing...A year ago Steve & Barry’s was on
the cover of License Magazine as retailer of the year, a darling of
mainstream business press; now brands who have hitched themselves to
the "red hot" retailer are scratching their heads and wondering how
they'll get out of this mess.
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As families eat and entertain at home, the
restaurant-inspired line of Wolfgang Puck All-Natural appetizers
delivers the taste profile and gourmet quality consumers want.
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Riding the wave of success that is
the Rachel Ray brand, and going where other celebrity "chef's"
fear to tread - Rachel Ray introduces "Nutrish" Dog Treats.
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The licensing world is
focused on consumer demands for green products - demands
that aren't always consistent. A recent study confirms
that the market for green products is in its earliest
stages - a challenge and an opportunity for licensing. More...
Coco-Cola company takes another
shot at the global RTD coffee market in a new joint
venture with illycafé SpA. Coke plans to launch new
products in Europe first, which is not surprising given
the power of the illy brand in those markets and Pepsi’s
commanding 90% market share in domestic sales. Will Coke
finally manage to break through the Starbuck’s
Doubleshot barrier?
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From the early days of cooking
shows with James Beard and Julia Child, to the
contemporary world of celebrity-chef stardom, the
kitchen is still a great place to cook up opportunities
with consumers around the world.
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Dead, orphaned, abandoned
brands…whatever you choose to call them, some recent
successes with similar brands like White Cloud and
Nuprin have created an interesting niche market.
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Some
brands worry that licensing may cannibalize their own
business. It's too early to tell if Jamba Juice's new
partnership with Nestle will expand or limit the number of
customers who walk in its stores.
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In the
latest example of corporate buy-outs of famous people,
Martha Stewart has bought Emeril's name for $50 million.
BAM indeed!
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Is Martha Stewart’s appeal in licensing finally dying . . . or just beginning to grow? Read this analysis and see what you think.
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When brands that kids
love are licensed onto fresh produce and fruit,
are they doing moms a favor or not?
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Non-Profit
brands offer unique value – and some unique challenges –
in licensing. The American Red Cross is now being sued
by Johnson & Johnson for violating a century-old
agreement by launching a line of branded consumer
products. For Red Cross licensees it may not matter who
is right.
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In a high-risk
partnership for both partners, Vera Wang and Kohl’s have
launched a line of “Simply Vera” apparel at prices that
are low for Vera, high for Kohl’s. Will it help them
both, or neither? The Wall Street Journal presents the
case at:
Wall
Street Journal Online
The biggest licensing deal ever
went unnoticed by the licensing industry. See
Business Week’s
report on how Sears borrowed almost $2 billion by licensing
its three biggest brands to itself. More...
You thought Martha Stewart was
everywhere until Costco announced a new line of
Martha-branded foods.
See what the New York
Times had to say...
Everyone loves popular
celebrities – and their licensed products – until they
don’t. Don Imus was the latest example of how quickly a
licensed brand can die.
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Disney and
Nickelodeon both recently licensed their brands for
fruits and vegetables. Are they licensing core brand
equities or buying health “credits”? You decide.
The Hard Part Follows After Big Retail Says 'Yes'
You may think your problems are over when Wal-Mart
agrees to test your product, but your real work has only
begun. Here’s one product-developer’s version of a
story licensing professionals know too well:
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What's in a name? A Discount -- Some Decor Lines
Lost Luster
Successful licensing is not easy, and IMC Licensing
has always recognized that real success among celebrity-licensed
home furnishings is rare - which this article confirms.
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Wal-Mart Trims Inventory in Bid to Cut Costs
The world's biggest retailer threatened licensing (and
innovation) this quarter. Wal-Mart began a massive inventory
reduction; a move that IMC Licensing believes will limit
the capacity of manufacturers/licensees to launch new
products. More...
Licensing Arrangements are Becoming a Popular Form of Marketing.
Getting branded food products noticed by consumers is becoming more difficult. At retail, competition for shelf space combined with the expansion of private label has challenged food processors to be more creative in how they brand and promote their products. One avenue food processors are exploring is entering into licensing arrangements to develop a point of differentiation and extend their brand into new markets.
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Behind the Brand: The triumphs and tragedies.
IMC Licensing is always happy to read stories about
other successful licensing efforts. This article describes
how Evian water uses brand extentions to strengthen
its brand. More...
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