Word: licensees
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Dates: during 2000-2009
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Ironically, some of the brands Li & Fung is snapping up are the very ones it helped doom: American labels that were slow to export manufacturing overseas. Last year it acquired the license to sell Royal Velvet, a home-textiles brand that went bust in '03. "We wanted a company that...
That's not a drain the BBC can tolerate. The BBC derives 78.5% of its $8.5 billion in income from an annual $275 license fee payable by any household equipped to receive TV. In return, the BBC is obliged to cater to all ages and socioeconomic groups. "In a...
When Cheng-san Chen officially left management of Louie’s Superette in the hands of another, it was very nearly the end of an era: No one expected to see the Taiwan native and applied mathematics Ph.D. behind the counter again. But after over six months of protracted...
When Del Vecchio came to New York City to head Luxottica's U.S. distribution arm in 1982, he became a frequent customer. In 1992 he persuaded Marks & Spencer to give Luxottica the license for Brooks-branded eyewear. But it wasn't until 1995, when Luxottica bought the parent company of...
The Cambridge police will draw from a group of youth volunteers organized by the city’s license commission, said the police spokesman, who did not give his name. Elizabeth Lint, the commission’s executive officer, said that group had yet to be assembled.