Samiksha Jaiswal (Editor)

The Beanstalk Group

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Type
  
Subsidiary of Omnicom

Website
  
www.beanstalk.com

Founded
  
1991

Industry
  
Marketing

Founder
  
Seth M. Siegel

Parent organization
  
Omnicom Group

The Beanstalk Group httpsuploadwikimediaorgwikipediaenthumb7

Key people
  
Allison Ames, CEO and President Michael Stone, Chairman

Headquarters
  
New York City, New York, United States

The Beanstalk Group (Beanstalk) is a global brand extension licensing agency and consultancy headquartered in New York City, with offices in London, Miami, and Cincinnati, and affiliates in Asia, India, Latin America, and Australia. The company has about 75 employees.

Contents

History

Michael S. Stone and Seth Siegel co-founded the company in 1991. It was purchased by Ford Motor Company in June 2001, and then sold it to Omnicom Group in October 2005. The company is now a part of the Diversified Agency Services (DAS) division of Omnicom Group. In December 2010, Nancy Bailey & Associates was acquired by the company.

Stone was president and chief executive officer of Beanstalk from 2006 until 2015. In 2006 Siegel assumed the position of vice chairman. In November 2015, Stone became chairman and Allison Ames was appointed as chief executive officer, as well as retaining her position as president.

In 2015 Beanstalk was ranked No. 5 in the 2015 Top 35 Global Licensing Agents listing by licensemag.com.

Business

The company is a member of the Licensing Industry Merchandisers' Association (LIMA). It sells brand representation, manufacturer representation, retail partnership management, creative services, approvals management, consumer research, legal and financial services and royalty auditing, and has worked with Harley-Davidson, The Coca-Cola Company, AT&T, Ford Motor Company, Jaguar, Land Rover, Stanley Black & Decker, Procter & Gamble, HGTV, the U.S. Army, and Mary-Kate and Ashley.

Beanstalk has two additional divisions.

  • Tinderbox is the digital division that works with gaming and new media properties to extend into consumer products.
  • Blueprint - Powered by Beanstalk is the consulting division that advises brand owners, retailers and manufacturers on how to evolve and optimize their brands through customized and commercially viable brand development and extension strategies.
  • References

    The Beanstalk Group Wikipedia