LINK LINES: Keynote speakers and a roundtable participant from License!'s LINK conference held in Miami, FL, in November, offer strategies for success.
"To
grow our brand
, we need to invest in real estate. We currently have 61 hard in-store shops (we fixture them and have dedicated personnel to merchandise them) and 167 soft ones. In the next few years, we will have 300 of these in-store shops."
—
Todd Kahn
EVP AND COO
SEAN JOHN
"Direct-to-retail is somewhat of a necessary evil. The consumer and retailer are demanding better goods. Either we license better vendors or the retailers do it on their own. This means figuring out the
best supply chain
. Direct-to-retail has been very successful for us, especially in Europe."
—
Bruce Morrison
VP, GLOBAL SALES
DISNEY CONSUMER PRODUCTS
"Emotional branding is the most powerful tool. Share of
heart
is more important than share of voice, mind, or wallet."
—
Warren Kornblum
PRESIDENT/CEO
SHADOW ENTERTAINMENT GROUP
FORMER TRU CMO
"The road map for success: Communicate
connect
with and educate them, treat each age segment differently,
create
innovative and differentiated products, step up a notch with retail partners, promote your brand, market it, and
captivate
the consumer. And "Just Say No" to overlicensing: There isn't enough room for all these licensed products in the market."
—
Marshal Cohen
CHIEF INDUSTRY ANALYST
NPD GROUP
Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes, it’s completely free.