Durango Brand Expands into Apparel and Leather Goods via Licensing Deals
What happened
The Durango Western brand secured two licensing agreements to expand its product line. One deal is with NYC Alliance, covering apparel and wearable accessories for men and women, with men's apparel expected in March and women's in the fall. The second agreement is with Designer Fashion Group, which will produce bags and small leather goods, launching in the second quarter next year.
From wwd.com
Why it matters
The licensing partnerships allow Durango to move beyond its traditional products and grow its presence as a lifestyle brand. This expansion into apparel and leather goods introduces new revenue streams for the brand.
From wwd.com
Who's involved
- DurangoThe Western brand that secured two licenses to expand into apparel and leather goods
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- DurangoSpeculative
The brand could increase revenue and sales by diversifying its product offerings into new categories.
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The entities involved
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Durango
municipality in Biscay, Spain
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