THARANCO GROUP BUYS STAKE IN NICK GRAHAM FROM ICONIX
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ICONIX SUED BY LICENSEES OVER NEW RETAILER AGREEMENT
Umbro IP Holdings, a division of Iconix, is being sued by two licensees, Premier Goal Club and Balanced Tech Corp, for $90 million in New York Supreme Court.
Read MoreICONIX BRAND GROUP SEES ANOTHER SALES DECLINE
For the fourth quarter of 2016, licensing revenue was approximately $87.1 million, an 8% decline as compared to $94.7 million in the prior year quarter.
Read MoreICONIX BRAND GROUP DIVESTS SHARPER IMAGE IN $100 MILLION CASH DEAL
The company plans to use the net proceeds from this transaction plus additional cash to pay down approximately $115 million of debt.
Read MoreICONIX REPORTS DISAPPOINTING FOURTH QUARTER RESULTS
Iconix Brand Group, Inc, which licenses, markets, and/or owns such brands as Joe Boxer, Marc Ecko, Ed Hardy, and Nick Graham, reported disappointing financial results for the fourth quarter and full year ended December 31, 2015.
Read MoreICONIX BRANDS RECEIVES $300 MILLION LOAN
Iconix Brand Group, Inc. has entered into a new five-year $300 million senior secured term loan credit facility provided by credit funds managed by affiliates of Fortress Investment Group LLC.
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