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39.1 Billion Apparel Licensing Industry Driving Sales in a Questionable Retail Environment
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Maxamillion Blick

Fashion Industry Ghost Writer ...  Freelance writer for the Apparel Search Company.  A contributor as well as inspiration to Apparel Search.  My goal is to make the Fashion Newspaper a leading resource for locating fashion news on the internet.

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By Maxamillion Blick
Published on 05/13/2008
 
$39.1 Billion Apparel Licensing Industry Driving Sales in a Questionable Retail Environment

As countless manufacturers and retailers scramble to address growing weakness in consumer spending, the market for apparel and non-apparel licensing opportunities is poised to flourish.

In fact, the global licensing industry is on track to break the $200 billion mark this year, with fashion second only to character-based licensing ($39.1 billion and $42.7 billion in 2006 retail sales, respectively).


39.1 Billion Apparel Licensing Industry Driving Sales in a Questionable Retail Environment
As countless manufacturers and retailers scramble to address growing weakness in consumer spending, the market for apparel and non-apparel licensing opportunities is poised to flourish.

In fact, the global licensing industry is on track to break the $200 billion mark this year, with fashion second only to character-based licensing ($39.1 billion and $42.7 billion in 2006 retail sales, respectively).

For retailers, deals with consumer friendly brands serve as a welcomed source of foot traffic and, ultimately, sales in an otherwise slumping retail environment. Most recently, the industry has seen such collaborations as Marvel and Carrefour, Disneys Hannah Montana and Wal-Mart, Avril Lavigne and Kohls, Hasbro and Steve & Barrys, and Disneys Camp Rock and Target, among countless others. Manufacturers have also jumped into the fray, from Reeboks Kool-Aid sneaker collection to adidas Dale Earnhart, Jr. line of apparel.

And for Intellectual Properties owners such as Marvel and Nintendo, the benefit of licensing is two-fold, providing additional revenue streams while also enhancing brand awareness and reach through such products as sneakers, apparel, cologne and others.

Nowhere is the demand for apparel-based licensing opportunities more prevalent than the annual Licensing International Expo, to be held at New Yorks Jacob Javits Convention Center from June 10-12. Bringing together more than 6,000 properties/brands and 25,000 visitors from 82 countries, Licensing International Expo 2008 is certain to set the stage for the hottest upcoming trends in retail development, from major studios such as MGM and Sony looking to solidify licensing deals for future releases to Wayne Enterprises efforts to launch a John Wayne line of home products.

In addition to providing a forum for these and other deals, Licensing International Expo will also offer several education sessions for both industry veterans and novices alike. Included among this years Licensing University offerings include:

  • Trends in Lifestyle, Homestyle and Fashion Licensing
  • Retails Exclusives The Dos and Donts
  • The New Consumer, The New Retail and Licensing in the New World

More information on this years Licensing International Expo 2008 and a full list of its exhibitors can be found at www.licensingshow.com.

About Licensing International Expo

Now in its 28th year, Licensing International Expo 2008 (www.licensingexpo.com) is the most established and dominant licensing event in the world. The show is the global marketplace for leveraging brand and property equity and for developing new licensed consumer products. The Expo features 600 exhibitors, which represent more than 6,000 properties for consumer products, in categories including corporate brands, entertainment, sports, lifestyle, publishing, art and design and much more. Exhibitors include Fortune 500 consumer brands, Hollywoods top movie studios, publishing giants, artists and designers, which all introduce their properties to the marketplace at the show. With 25,000 attendees from 82 countries representing the worlds leading retailers, manufacturers, agents and brand owners, Licensing International Expo 2008 is an opportunity for business expansion, whether the business is a new property, an exciting popular character or a classic brand. The Licensing International Expo 2008 provides a unique and diverse platform to judge the viability and compatibility of existing brands at a show which represents the worldwide licensing marketplace.