Fashion brands couldn’t escape an erosion in their royalties last year, but their decline was smaller than most other classifications of intellectual property and the universe of North American brands.
Fashion brands took in $775 million in royalties last year, down 4.3 percent from $810 million in 2007, according to the annual Licensing Industry Survey conducted by the Licensing International Merchandisers’ Association, released on Tuesday. Overall, royalties declined 5.6 percent in North America to $5.66 billion from $5.99 billion in the prior year.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)