Sequential Brands reported an increase in its net loss to $1,180,000 for the first quarter of 2017 in spite of a 16 percent increase in licensing revenues to $39.4 million, led by gains at its Avia and Heelys brands. Heelys, which now has a presence in 185 countries, is developing strongly in international markets. Excluding expenses related to the transition to a new chief executive and other items, the company made a higher net profit of $5,850,000.