Market Turmoil Affects Top Licensors

The world's top publicly traded licensors, including Disney, PVH Corp. and Meredith, have not been immune to the turbulence that has struck global markets.

April 6, 2018

Market Turmoil Affects Top Licensors

Disney and other licensors see declines amidst recent stock market fluctuations.

The world's top publicly traded licensors, including Disney, PVH Corp. and Meredith, have not been immune to the turbulence that has struck global markets.

All of the top 10 global licensors have seen declines (with the exception of DreamWorks) since last Thursday when the market took a nosedive following hints of an economic slowdown in China. In that time, the Dow has dropped a total of 1,328 points.

Hardest struck among this group has been General Motors, which is down 11.54% since Thursday, and Hasbro, which is down 8.13%, although all 10 licensors have seen declines of at least 2 percent.

The world's largest licensor, The Walt Disney Company, was down 4.13%, a decline that follows on a previous drop earlier this month spurred by the news that ESPN subscriptions had fallen. DreamWorks is one of the only companies to have seen gains during this period. After a sharp decline on Thursday, the studio's stock quickly rebounded Friday and has seen very little fluctuation since.

There were some

positive signs on Tuesday, with six licensors seeing small gains and the Dow rising nearly 442 points earlier in the day, but a last minute tumble dampened hopes for a rebound. The Dow closed the day down 204.9 points. 

Market movement among Top Global Licensors from Thursday, Aug. 20 to Tuesday, Aug. 25:

  • Disney down 4.13% since Thursday Aug. 20; closed Tuesday Aug. 25 at $95.89 a share, up .56 percent from Monday
    • PVH Corp. down 5% from Thursday; closed Tuesday at $109.22 a share, up 1.74 percent from Monday
      • Meredith down 3.45% from Thursday; closed Tuesday at $41.36 a share, down .79 percent from Monday
        • Iconix Brand Group down 2.29% from Thursday; closed Tuesday at $12.41 a share, up nearly 3 percent from Monday
          • Mattel down 5.8% from Thursday; closed Tuesday at $21.44 a share, no change from Monday
            • Warner Bros. Consumer Products (Time Warner Inc.) down 5.7% from Thursday; closed Tuesday at $69.69 a share, down .17 percent from Monday
              • Nickelodeon (Viacom) down 2.11% from Thursday; closed Tuesday at $40.37 a share, up .5 percent from Monday
                • Hasbro down 8.13% from Thursday; closed Tuesday at $71.53 a share, up .5 percent from Monday
                  • General Motors down 11.54% from Thursday; closed Tuesday at $27.28 a share, down 1.87 percent from Monday 
                    • DreamWorks Animations up 5.66% from Thursday; closed Tuesday at $19.26 a share, up .94 percent from Monday

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