Episodes
Tuesday Dec 17, 2013
Libby Wilkie, An Eye For Detail
Tuesday Dec 17, 2013
Tuesday Dec 17, 2013
Back before the internet and instant gratification, licensing was devoted to artists with a true vision and ability. Retailers would go to such artists, like Libbie Wilkie and request various product designs and an item would go into production after a year of planning, mock-ups and design ideas. That item would then circulate in an industry for two to three years or longer and make retailers millions. Fast forward to today. Artists no longer hand paint or create anything by hand. Most items are mass produced by machines over seas and if lucky a design will circulate for one season; or a few months. Due to the internet one design is no longer sufficient, making retailers change the wheel every few months, costing them millions in the process. The one thing that has saved this model is celebrity endorsements, like The Nate Berkus collection, Martha Stewart, Cindy Crawford, and various other celebrities. This has helped retailers move past the noise and stand out in an otherwise chaotic retail environment... all in an effort to capture your dollars.
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