Beyond (BYON) said Tuesday that it launched a new global licensing program to expand the reach of its brands, starting with Bed Bath & Beyond.
The new licensing program covers product license agreements to sell Bed Bath & Beyond products and licensing deals for stores in Mexico, according to the company. Beyond said talks are also "in progress" for stores in other international markets.
Beyond said it granted a category license for Bed Bath & Beyond to home textiles manufacturer PEM America, covering the brand's entire product category base. No financial details were disclosed.
Price: 10.61, Change: +0.36, Percent Change: +3.47
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments