Does Pearce Bespoke reserve the right to sell at conventions and conferences?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
Pearce Bespoke reserves the right to sell at all conventions, conferences, and other trade centers both domestically in the United States and internationally to market and sell its services solely or jointly with any of its franchisees. We reserve the rights to offer (i) other services and products not offered under the Marks, (ii) other quality custom clothing and accessories concepts or products under the Marks or other trademarks, and (iii) products or services through other channels of distribution in the Franchised Territory including, but not limited to, co-branding with other quality custom clothing and accessories businesses, and products offered through retail stores, the Internet or direct marketing. You will receive no compensation for our sales through alternative distribution channels in the Franchised Territory.
Source: Item 12 — TERRITORY (FDD pages 27–29)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, Pearce Bespoke retains the right to sell its services at conventions and conferences. Specifically, Pearce Bespoke reserves the right to sell at all conventions, conferences, and other trade centers, both domestically in the United States and internationally. This allows them to market and sell their services either independently or in collaboration with any of their franchisees.
This reservation of rights has significant implications for a Pearce Bespoke franchisee. While franchisees operate within their designated territories, Pearce Bespoke can directly compete with them at these events. The FDD also states that the franchisee will not receive compensation for sales that Pearce Bespoke makes through these alternative distribution channels within the franchisee's territory. This means that Pearce Bespoke can engage in sales activities that might otherwise benefit the franchisee, without any obligation to share the revenue.
Furthermore, Pearce Bespoke also reserves the right to offer other services and products not offered under the Marks, other quality custom clothing and accessories concepts or products under the Marks or other trademarks, and products or services through other channels of distribution in the Franchised Territory including, but not limited to, co-branding with other quality custom clothing and accessories businesses, and products offered through retail stores, the Internet or direct marketing. These activities can occur within the franchisee's territory, potentially impacting their sales and market share. Franchisees need to be aware that Pearce Bespoke retains considerable control over distribution channels and product offerings, which could create internal competition and affect the franchisee's revenue potential.