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Worldwide Licensing Retail Sales Hit $241.5B: Study

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New York—The International Licensing Industry Merchandisers’ Association (LIMA) announces the results of its first-ever LIMA Annual Global Licensing Study, quantifying worldwide royalty rates and accompanying retail sales. According to the report, retail sales for products bearing the trademarked names and likenesses of cartoon characters, corporate logos and brands, major sports …

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Xcel Brands Acquires H by Halston & H Halston Brands

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New York–Xcel Brands, the omnichannel brand management company, continues to be in acquisition mode for designer brands. The latest addition includes two brands, H by Halston
and H Halston, from Halston’s intellectual property holding company for
approximately $27.7 million in a combination of cash, stock and
warrants. The seller’s parent company, House of …

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Fam Brands/Bally Total Fitness Signs Licensee for Fitness Monitoring, Wearable Tech

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Commerce, CA—FAM Brands has been aggressively signing licensees for its fitness brands. The latest related to one of the hottest categories at retail: wearable technology. Last month, Sakar International became the latest licensee to ink a deal with FAM’s Bally Total Fitness brand for wearable technology, fitness monitoring and electronic …