Supermarkets boost licensing sales - ToyNews

Supermarkets boost licensing sales

New figures released today by NPD reveal that sales of licensed products in the UK have risen by 10 per cent over the last 12 months to £2.2 billion.
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The figures, released at the Brand Licensing show, which opened today at Olympia, show that much of the growth has come from supermarkets, which accounted for 40 per cent of total licensed product sales. Woolworths remains the biggest seller of licensed product with twice as much share as its next nearest rival.

The two biggest categories were clothing and toys, accounting for half of the total retail spend of licensed product. The boys sector in particular experienced strong growth, driven by the World Cup, which contributed to a rise of 12 per cent.

The girls sector also saw an increase of nine per cent, with the World Cup again a contributing factor.

The average price of a licensed product is now £5.71, 33 per cent more than retailer brands.

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The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.