In order to help extend the reach of both businesses, Licensees Fashion U.K. and Global Licensing have entered into a merger agreement.
By the strength of the agreement, both the companies will benefit from additional resources, efficiency and infrastructure.
The agreement also comes at a time when exponential growth for Fashion U.K. will assist the company in its goal to be one of the leading licensed suppliers and a preferred supplier at retail.
Fashion U.K. is an apparel and footwear licensee that currently holds more than 50 different licenses for top brands such as Shopkins, Pokémon, Minecraft, Pusheen, Trolls, Ben 10, Sesame Street and Paddington among many others.
Most recently, the licensee signed on to create a clothing range for M&Co inspired by Dinosaur Roar! The company will also bring Harlem Globetrotters fashion to the high street.
Global Licensing is also a U.K.-based apparel licensee that serves the U.K. high street, fashion independents and mass market retailers.
The company currently holds the rights to a host of brands from companies including Twentieth Century Fox Consumer Products, BBC Worldwide, King, Sesame Workshop, King Features, Warner Bros. Consumer Products and WWE, among others.
