Home / Knowledge / News / Apparel/Garments / Ohio University to consolidate apparel licenses
Ohio University to consolidate apparel licenses
28
Apr '11
Ohio State University is mulling to consolidate all its apparel licenses with one company, to ward off declining sales.

The University of Texas is moving in that direction and the University of Southern California has recently announced a similar deal.

“We are looking for ways to increase our revenue, considering that, the trademark wear has begun to level off, after years of accelerated growth”, said a University spokesman.

However, a few local licensees and shopkeepers are worried that, just one giant supplier, has the potential to harm small businesses.

Ohio University is vetting proposals received from potential suppliers, who have offered many ideas, which could generate more money for the university, in turn, for scholarships, the spokesperson said.

Scholarships amounting $8 million are given away annually at Ohio University, from the money received from the licenses.

With passage of time, it has become more important to generate more revenue, the spokesman added by saying.

The university has given away 120 apparel licensees and about 370 licensees making other products such as posters and mugs, apart from its 2007 deal with Nike, making it the exclusive supplier of Ohio State replica jerseys.

Ohio University gear is available in supermarkets like Wal-Mart and even specialty boutiques.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Apparel/Garments | On 19th Jan 2017

Asahi Kasei to display sustainable fibre at trade shows

Asahi Kasei, specialty Japanese fibre producer, will be displaying...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search