Ovechkin Signs With Fanatics Authentic Kingsford Charcoal Bags To Feature O'Bannon Freddie Jacobson Debuting Three Microbrews Athletes Enlisted To Push Fruits, Veggies Chelsea, Yokohama Strike Jersey Deal Bumgarner Tops All MLB Merch Sales Texas A&M Rejects "WRTS" Hashtag Marketplace Roundup Fanatics, SMI Close To Track Deal Marketplace Roundup
Upcoming Conferences and Events
SBD/April 10, 2013/Marketing and Sponsorship
NCAA Championship Merch Selling Fast In Louisville, But Women's Gear Lacking
Published April 10, 2013
SCHOOL FEVER: MARKETING DAILY’s Karl Greenberg cited Collegiate Licensing Company data that showed that last year saw $4.62B in "retail sales of collegiate licensed merchandise, which the organization says is an all-time high, beating every sport but” MLB. Of that figure, March Madness generates about $10M. Leading the “merchandising game" is Univ. of Kentucky men’s basketball with $1.2M in gross royalties in '12. CLC Senior VP & Managing Dir Cory Moss said that schools “make the final decision on licensees, with universities splitting royalties with manufacturers.” He added that agencies like CLC “do a lot of the heavy lifting to create lasting interest and brand value around -- and especially after -- events like The Final Four.” Moss said that the biggest growth trend “is the women's category” (MEDIAPOST.com, 4/8).