Now that we’re in the second half of 2021, LicensingSource catches up with a selection of licensees to find out how the year has been for them so far, their big challenges and successes and the hopes they have for the remainder of the year.
Today: Dan Grant, licensing director, Danilo.
“Given the massive challenges that everyone faced last year, Danilo actually ended the year in a healthy position. However there are still many challenges ahead as we move through the rest of 2021. Shipping has become the biggest talking point with the lack of containers and massively inflated prices putting pressure on margins.
The welcome return of high street stores has been a relief. We also hope to see a much higher number of calendar stores open in 2021 to help drive distribution and sales across Q3 and Q4 this year following a tough end to 2020.
We are positive about the rest of 2021 and expect the business to perform beyond the levels we experienced in 2019 when the business was showing good growth.”
This feature originally appeared in the summer 2021 edition of Licensing Source Book. To read the full publication, click on this link.
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