How to license a brand
First step
Choose the brand you’re interested in.
Choose the brand you’re interested in.
Second step
We define the business terms together, which are outlined in a non-binding term sheet:
We define the business terms together, which are outlined in a non-binding term sheet:
→ TERRITORY * Where the products will be sold (countries, regions).
→ CATEGORIES * What products are included (apparel, footwear, accessories, and more).
→ DISTRIBUTION CHANNELS * Wholesale, owned retail, e-commerce, physical stores, and more.
→ ROYALTIES * Percentage of sales paid to the licensor.
→ GUARANTEED MINIMUMS * Minimum royalties secured per year.
→ CONTRACT DURATION * Example: 5 years + renewal option.
→ TERRITORY
* What products are included (apparel, footwear, accessories, and more).
→ CATEGORIES
* What products are included (apparel, footwear, accessories, and more).
→ DISTRIBUTION CHANNELS
* Wholesale, owned retail, e-commerce, physical stores, and more.
→ ROYALTIES
* Percentage of sales paid to the licensor.
→ GUARANTEED MINIMUMS
* Minimum royalties secured per year.
→ CONTRACT DURATION
* Example: 5 years + renewal option.
Third step
Contract drafting, review, and signature.
Contract drafting, review, and signature.
- Iconix drafts the agreement including all legal terms.
- The licensee reviews it with their legal team and shares feedback.
- Both parties sign the final contract, formalizing the partnership.
Fourth step
Brand onboarding & access to resources.
Brand onboarding & access to resources.
Fifth step
Product development & launch.
Product development & launch.