That’s gotta add more margin from top line growth, they are way ahead of Amazon now when it comes to frequency of distribution in this country. Their territorial licensing agreements in Australia on their brands are also giving them a nice little moat. The cheekiest part is their omni-channel is selling their licensed brands through amazon australia and amazon can’t offer any competition.
Here are some licensing agreements for Accent and most come with multi-year options to extend if the brands sell well. We’ll be amazon’s master for some time yet (especially with the biggest selling brands Vans and Skechers).
That’s gotta add more margin from top line growth, they are way...
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$1.34 |
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| AX1 (ASX) Chart |