12. Disaggregation of Revenue

In accordance with ASC 606, the Company elected to disclose its net sales by segment. Each segment presents its own characteristics with respect to the timing of revenue recognition and type of customer. Prior to the GBG Acquisition, the Company organized its business into the following three reportable segments: (1) Wholesale, (2) Consumer Direct and (3) Corporate and other. Following the GBG Acquisition, the Company implemented significant organizational changes that have impacted the manner in which it manages the Company, and realigned its business into the following three reportable segments: (1) Kids, (2) Accessories, and (3) Men’s and Women’s Apparel, to better reflect its internal organization, management and oversight structure.

The following tables disaggregate our operating segment net sales by product category and sales channel, which the Company believes provides a meaningful depiction of how the nature, timing and uncertainty of net sales are affected by economic factors:


	Three months ended September 30, 2019						Three months ended September 30, 2018
	Wholesale &		Direct to				Wholesale &		Direct to
	Licensing		Consumer		Total		Licensing		Consumer		Total
Kids	$	412,637	$	—	$	412,637	$	—	$	—	$	—
Accessories		133,727		—		133,727		—		—		—
Men’s & Women’s Apparel		111,091		54,974		166,065		29,396		10,434		39,830
	$	657,455	$	54,974	$	712,429	$	29,396	$	10,434	$	39,830


	Nine months ended September 30, 2019						Nine months ended September 30, 2018
	Wholesale &		Direct to				Wholesale &		Direct to
	Licensing		Consumer		Total		Licensing		Consumer		Total
Kids	$	838,613	$	—	$	838,613	$	—	$	—	$	—
Accessories		314,450		—		314,450		—		—		—
Men’s & Women’s Apparel		313,067		198,403		511,470		83,486		31,128		114,614
	$	1,466,130	$	198,403	$	1,664,533	$	83,486	$	31,128	$	114,614

International sales were $27.9 million for the three months ended September 30, 2019 and immaterial for the three months ended September 30, 2018. International sales were $58.8 million for the nine months ended September 30, 2019 and immaterial for the nine months ended September 30, 2018.