Financial

Iconix’ sales drop by 35%

2020-08-14T10:28:00

The Iconix Brands Group, which owns several brands including Umbro and Danskin, faced an impairment charge of $5.2 million for the second quarter due to store closures and other restrictions related to the coronavirus outbreak. The charge led the company to post a net loss of $17.4million, versus net income ...

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