Financial

Exiting China makes Iconix profitable

2020-11-17T18:03:00

Despite Covid-19, which caused its revenues to decline by 31 percent to $35.5 million in the third quarter as compared to a year ago, the Iconix Brand Group returned to a profit in the third quarter, posting net income of $45.7 million compared to a loss of $35.7 million. The ...

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