Last week the National Retail Federation held their annual Retail’s Big Show at the Javits Center in New York City. The event had 30,000 attendees and 500 exhibitors. While the conference focused on the retail industry as a whole, there were some important lessons particularly relevant for the licensing industry.
One panel discussion highlighted the success of HGTV’s multicategory brand licensing program. Meanwhile, retail security was a topic on everyone’s minds in light of the recent security breaches at high profile retailers like Target and Neiman Marcus. Another hot topic at the conference was the NRF’s report which detailed the top retailers and their revenues, which totaled $4.3 trillion. Costco’s Jim Sinegal was honored with the NRF’s Gold Medal Award for his work at the innovative retailer. Additionally, Rick Caruso, CEO of Caruso Affiliated, spoke about the future of the indoor mall and the need for innovation in the mall development business.
Retailers are an important component of any successful brand licensing program. At The Joester Loria Group, we stay on top of the latest topics and trends that affect the licensing industry in order to ensure success for all of our clients.