TLX Sports IP Asset Sale

TLX-LOGO

A rare opportunity has arisen to acquire our client’s interests in a stunning sports brand: TLX Sports.

IP ASSET HIGHLIGHTS

  • Strong sportswear brand
  • Registered trade mark
  • Branded domain names
  • Opportunities for brand extension across various sportswear categories
  • Opportunities for expansion into online sales

SALE

All offers should be submitted by email directly to Nat Baldwin at nat@metispartners.com.

OVERVIEW

TLX is a crisp, cutting edge sports brand with truly limitless potential in the sportswear and active-apparel sectors for men women and children.

TLX is perfectly positioned to exploit the sportswear, fitness and active-wear markets.  There are clear opportunities for the brand to be expanded across several sportswear categories including (but not limited to) sportswear, gym wear, outdoor wear and snow sports. This is not to mention the possibility of product placement within the sports footwear market. The brand could also be used to establish and exploit a market presence across a range of sports accessories.

UK trade mark protection is included with the sale (next renewal 2024). The trade mark protects use of the brand across multiple key sportswear-relevant product classes that would enable a potential buyer to capitalise on this brand’s enormous potential (including clothing, footwear and accessories). The sale also includes several branded domain names that could be used for online sales and/or marketing purposes.

BRAND & REPUTATION

TLX Sport has a clean, cool aesthetic appeal that combines with functional, technical and athletic undertones.The brand has the possibility to provide the next looks and innovations in performance across various male, female and kids sportswear collections.

There is the opportunity to capitalise upon the brand’s appeal across several collections of sporting apparel and accessories. There is also potential to expand the brand into the on-line sports retail market.

Our client is selling the registered UK trade mark: ‘TLX Sport’ which covers product classes relevant to the brand, including clothing, headgear, footwear and accessories (eg sports socks). The below trade mark schedule provides further particulars of the trade mark included within the sale. Our client also owns and is selling various branded domain names (as specified in the below schedule) and these are also included within this sale.

TRADE MARKS

Schedule of trade marks included with sale:

MARK TRADE MARK NO CLASS TERRITORY EXPIRY DATE
TLX SPORT UK00003072106 25 UK 2024

Class 25: (Clothing, footwear, headgear; lingerie; articles of underclothing; nightwear; legwear; hosiery, stockings and socks.)

DOMAIN NAME

DOMAIN NAME DURATION REGISTERED
Tlxsport.com 2 yrs Yes
Tlxsport.co.uk 2 yrs Yes
Tlxfitness.com 2 yrs Yes
Tlxclothing.com 2 yrs Yes
Tlxoutdoor.com 2 yrs Yes
Tlxsportswear.com 2 yrs Yes

There is also a high resolution brand brochure (available upon request) which highlights the strength and appeal of this brand.

KEY TERMS & CONDITIONS

The following conditions shall be applied to all offers: (1) legal completion will occur within 7 working days of acceptance; (2) a non-returnable deposit of 20% will be payable within 24 hours of offer acceptance (this will secure exclusivity); (3) in addition the successful purchaser will be required to pay to Metis Partners a buyer’s premium at a percentage of the purchase price within 24 hours of offer acceptance; (4) all offers submitted are deemed to be exclusive of VAT and VAT is likely to be payable.

For full sale terms and conditions please click here.

OFFERS

All offers should be submitted by email directly to Nat Baldwin at nat@metispartners.com.

Any offer conditions (clarification of details or specific questions about assets) should also be included in the e-mail. All communication regarding offers should be made to Metis Partners. For any additional questions relating to the available IP assets or the sale process, please do not hesitate to contact Nat Baldwin.

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