Iconix Brand Group has agreed to purchase the Starter brand...

2007-11-26T00:00:00

Iconix Brand Group has agreed to purchase the Starter brand from Nike for $60 million and to use it only on a licensing basis, projecting annual royalties of $18 million from 2008. Iconix will license out the brand to Wal-Mart, continuing a relationship that Nike had established with this mass ...

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