Related Party Transactions

9 Months Ended

Sep. 30, 2019

12. Related Party Transactions

The Company has entered into certain license agreements in which the core licensee is also one of our joint venture partners. In the case of Sports Direct International plc (“Sports Direct”), the Company maintains license agreements with Sports Direct, but in addition, during the Prior Year Nine Months, the Company entered into a cooperation agreement with Sports Direct that allowed Sports Direct to appoint two members to the Company’s Board of Directors. For the Current Quarter, Prior Year Quarter, Current Nine Months, and Prior Year Nine Months, the Company recognized the following royalty revenue amounts:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2019		2018		2019		2018
Joint Venture Partner
Global Brands Group Asia Limited ⁽¹⁾	$	—	$	2,587			$	14,353
Rise Partners, LLC / Top On International Group Limited		—		242				725
M.G.S. Sports Trading Limited		111		139		329		475
Pac Brands USA, Inc.		131		47		239		171
Albion Equity Partners LLC / GL Damek		615		776		1,777		1,993
Anthony L&S		—		—		—		617
MHMC ⁽²⁾		—		732		7		2,195
Sports Direct International plc		307		275		881		275
	$	1,164	$	4,798	$	3,233	$	20,804

⁽¹⁾

Prior to 2019, Global Brand Group Asia Limited maintained the Buffalo and Zoo York license agreements. However, in October 2018, Centric Brands Inc. acquired a significant portion of Global Brands Group Asia Limited’s North American licensing business. The Company’s license agreement for the Buffalo and Zoo York brands in the United States are now maintained with Centric Brands Inc. which is not a related party or affiliated entity to the Company.

⁽²⁾	As detailed in Note 4, as of July 2019, MHMC is no longer a related party.