View Full Version : Children's Place comes up with a new agreement with Disney - CNNMoney, 8/31/07


Darkbeer
08-31-2007, 07:15 AM
http://money.cnn.com/news/newsfeeds/...ire/125923.htm (http://money.cnn.com/news/newsfeeds/articles/primenewswire/125923.htm)

The most interesting thing in this revised agreement is the fact that Disney will be allowed to close down its World of Disney Store on New York's Times Square and move it.

QuikQuote: Also as previously discussed in the Company's August 23, 2007 press release, in consideration for these changes, the Company agreed to amend the original license agreement to allow Disney to relocate its flagship store in Manhattan and also relaxed the restrictions on Disney's ability to grant direct licenses for the sale of Disney merchandise to specialty retail stores other than children's specialty retail stores.