All Iconix Brand Group articles
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News briefsIconix acquires British streetwear label
The US brand management group Iconix International has acquired a majority stake in the British streetwear brand Hoodrich, thereby expanding its brand portfolio, which already includes Umbro, Pony, Ocean Pacific and Lee Cooper. The terms of the transaction were not disclosed. Hoodrich founder Jay Williams will retain a minority stake. ...
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News briefsFormer Iconix CEO Neil Cole sentenced to 18 months in prison on fraud charges
The US Attorney for the Southern District of New York, Damian Williams, has announced that Neil Cole, the founder and former CEO of Iconix Brand Group, has been sentenced in Manhattan federal court to 18 months in prison “for participating in a scheme to fraudulently inflate Iconix’s revenue and earnings ...
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Article
Umbro’s parent narrows its losses
Lower trademark impairment charges allowed the Iconix Brands Group to reduce its net losses for the fourth quarter of 2020 as well as the full financial year, in spite of lower revenues from its licenses due to the Covid-19 pandemic. Another positive factor for the full year was a gain ...
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News briefs
Exiting China makes Iconix profitable
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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News briefs
Iconix sells Starter China
While still looking for strategic options, including a possible sale of the rest of its business, the Iconix Brand Group has announced the completion of a transaction for the sale of a Chinese subsidiary, Starter China, for $16.0 million. The sale covers the rights to the Starter brand in China, ...
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Article
Major League Baseball was the world’s largest sports licensor in 2018
On a list of the world’s largest licensors, published annually by USPA Global Licensing Inc.’s Licence Global magazine, and including organizations from all industries, U.S. Major League Baseball (MLB) was once again the top-ranked sports rights holder on a list of the world’s largest licensors in 2018. Its retail sales ...
