Aug 25, 2020
USPA Global Licensing Inc. (USPAGL) announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), was ranked once again among the elite, as the fifth largest global sports licensor and thirty-eigth overall in License Global magazine’s prestigious list of top 150 global licensors. In addition, the sport-inspired brand placed ninth on the list of fashion apparel licensors. U.S. Polo Assn.’s strong overall ratings come off a record year in 2019 on all fronts, having achieved $1.7 billion in retail sales, expanded its footprint to include over 180 countries and ended with more than 1,100 U.S. Polo Assn. retail stores worldwide.
“Over the past few years, our global team has worked tirelessly to elevate the worldwide presence of our amazing sport-inspired brand!" said J. Michael Prince, President and CEO of USPAGL. “We have aggressively shifted our business model to be more digitally and omni-channel driven while elevating the overall consumer experience. So, to be recognized in License Global’s high-profile list alongside the great sports icons of the National Football League (NFL), National Basketball Association (NBA), and Major League Baseball (MLB) is truly an honor. On behalf of U.S. Polo Assn., I want to personally thank our strategic partners and millions of consumers around the world for their unwavering support.”
License Global’s Top 150 list is a who’s who of licensing titans, derived from an annual study that in their words “accounts for retail sales of licensed merchandise across all major sectors of business, from entertainment to sport, food and beverage, corporate brands, fashion, art and design, and much more.” To be considered for inclusion, each brand or corporate entity must submit retail figures based on worldwide sales of licensed merchandise. In addition, License Global’s editors do their own independent vetting and verification, by consulting industry sources, annual reports and financial documents. The world’s largest brand remains The Walt Disney Company at $54.7 billion in retail sales.
Effective Date: Saturday, May 16, 2020
The suspension of USPA Tournaments and Events will be lifted for USPA Member Clubs in locales where hosting polo matches and tournaments is permitted under applicable state and local laws, executive orders and similar decrees. The USPA Member Clubs in these locales are encouraged to follow all such requirements of their state and local authorities with respect to polo operations. In addition, we also encourage all USPA Member Clubs to take the precautions recommended by the CDC. We are preparing a detailed list of best practices for USPA Member Clubs as they return to hosting USPA Tournaments and Events and plan to circulate these guidelines within the next week. We will continue to monitor the COVID-19 situation closely and will notify you if we determine a different course of action is necessary.
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