And Expands 20-Year NFL Licensed Co-Branded
Product Lineup to Include Every Team
ST.
LOUIS, Sept. 5, 2024 /PRNewswire/
-- Build-A-Bear Workshop, Inc. (NYSE: BBW), announced
today an exclusive multi-year deal with the back-to-back Super Bowl
Champion Kansas City Chiefs. Among other ongoing brand building
opportunities, Build-A-Bear will be the presenting partner of both
the popular team mascot, "KC Wolf," and the Chiefs digital
Fan Cam experience focused on game
attendees tagging themselves in a high-resolution, full-stadium
picture as well as locating a Build-A-Bear in the stands during
each home game for the chance to win a special prize. This
collaBEARation between the two Missouri-based organizations also makes
Build-A-Bear the "official bear" brand of the storied team.
Build-A-Bear will be the presenting partner
of the team mascot, "KC Wolf," and the Chiefs digital Fan Cam experience.
"We believe this multi-dimensional relationship underscores the
winning formula that has been created between the two
organizations, and adding the Kansas City Chiefs, our corporate
"home team," to the roster is clearly a touchdown," added
Chris Hurt, Chief Operating Officer
of Build-A-Bear.
For over 20 years, Build-A-Bear's officially licensed NFL
product has delighted both football and furry friend fans. The new
product lineup sports a variety of official co-branded products for
EVERY NFL team and are available online and in select
Build-A-Bear Workshops across the country where localized team
offerings will be featured. This season, an amplified marketing
effort will support an opportunity for fans to get in the game on
"Jersey Thursdays" at participating Workshops by wearing their
favorite NFL team jersey to receive a 10% discount on a
Build-A-Bear in-store purchase starting Thursday, September 5.
As a part of Build-A-Bear's growth strategy, the Kansas City
Chiefs partnership is envisioned to appeal to the broadening
consumer demographic that has already purchased NFL/Build-A-Bear
co-branded products to date and comes at a time when the fan bases
of the two brands overlap more than ever. In recent years,
Build-A-Bear's sales have extended beyond the original core of kids
to include teen and adult consumers, also known as "kidults," who
now represent up to 40% of the business.
About Build-A-Bear
Since its beginning in 1997,
Build-A-Bear has evolved to become a beloved multi-generational
brand focused on its mission to "add a little more heart to life"
where guests of all ages make their own "furry friends" in
celebration and commemoration of life moments. Guests create their
own stuffed animals by participating in the stuffing, dressing,
accessorizing, and naming of their own teddy bears and other plush
toys based on the Company's own intellectual property and in
conjunction with a variety of best-in-class licenses. The hands-on
and interactive nature of our more than 500 company-owned,
partner-operated and franchise experience locations around the
world, combined with Build-A-Bear's pop-culture appeal, often
fosters a lasting and emotional brand connection with consumers,
and has enabled the Company to expand beyond its retail stores to
include e-commerce sales on www.buildabear.com and non-plush
branded consumer categories via out-bound licensing agreements with
leading manufacturers, as well as the creation of engaging content
via Build-A-Bear Entertainment (a subsidiary of Build-A-Bear
Workshop, Inc.). The brand's newest communications campaign, "The
Stuff You Love," commemorates more than a quarter-century of
creating cherished memories worldwide. Build-A-Bear Workshop, Inc.
(NYSE: BBW) posted consolidated total revenues of $486.1 million for fiscal 2023. For more
information, visit the Investor Relations section of
buildabear.com.
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SOURCE Build-A-Bear Workshop