Wilhelmina International, Inc. operates as a fashion model management company worldwide. The company provides traditional, full-service fashion model and talent management services, specializing in the representation and management of models, entertainers, artists, athletes and other talent to various customers and clients, including retailers, designers, advertising agencies and catalog companies. The company has a network of licensees comprising modeling agencies in various local markets across the U.S., as well as in Panama, Thailand, Dubai, Vancouver and Tokyo. Divisions The company’s business is primarily focused around the following areas: Fashion model management, Hair & Makeup, Talent management, and Licensing & branding (including contests, events and television). Fashion Model Management The company is focused on providing fashion modeling and talent product-endorsement services to clients, such as ad agencies, branded consumer goods companies, fashion designers, magazines, retailers, department stores, product catalogs and Internet sites. The company develops and diversifies its talent portfolio through a combination of ongoing local, regional or international scouting and talent-search activities to source new talent, and cooperates with other agencies that represent talent. Hair & Makeup This division represents talent in the photography, styling and hair and makeup arenas. These artists work on projects for companies in the retail, pharmaceutical and music industries. Talent management Wilhelmina Artist Management, LLC, is a talent management company that seeks to secure endorsement and spokesperson work for various celebrities from the sports, music and entertainment. Licensing & Branding Wilhelmina Licensing collects third-party licensing fees in connection with the licensing of the ‘Wilhelmina’ name. Third-party licensees include fashion model agencies in local markets across the U.S. as well as in Panama, Thailand, Dubai, Vancouver and Tokyo. The film and television business consists of television syndication royalties and production series contracts. Also from time to time, the company conducts model search contests and other events to expand the Wilhelmina brand and recruit talent. Clients and Customers As of December 31, 2013, the company had approximately 1,700 active models. The company serves approximately 2,000 external clients. Regulations Certain jurisdictions, in which the company operates, such as California and Florida, require that companies maintain a Talent Agency License in order to engage in the ‘talent agency’ business. In addition, certain subsidiaries also maintain required SAG licenses issued by the Screen Actors’ Guild. Trademarks and Licensing The company holds the ‘Wilhelmina’ brand. Competition The company’s principal competitors include other large fashion model management businesses in the U.S., including DNA Model Management; Elite Model Management; Ford Models, Inc.; IMG Models; Marilyn Model Agency; and NEXT Model Management. History Wilhelmina International, Inc. was founded in 1967.
wilhelmina international inc
(WHLM:Consolidated Issue listed on NASDAQ Capital Market)
200 Crescent Court
Dallas, TX 75201
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