
Jay-Z and Iconix Brand Group Inc have settled a series of legal disputes arising from transactions between the rapper and the clothing licensing company dating back to 2007.
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Jay-Z and Iconix Brand Group Inc have settled a series of legal disputes arising from transactions between the rapper and the clothing licensing company dating back to 2007.
NYC-based brand management company Iconix Brand Group has reported total revenue of $35.5 million for the third quarter of 2019, compared to $46.2 million last year.
Iconix Brand Group has reported total revenue of $34.4 million for the second-quarter ending June 30, 2019, a 31 per cent decline, compared to $50.2 million last year.
It was a tough year for NYC-based brand management company Iconix Brand Group, as total revenue for the firm plummeted 17 percent during the year, hurt by a decline in its women's segment.
The British retailer said in a double announcement on Tuesday that it has exited its investment in Finish Line, while it has taken its interest in Iconix Brand Group to 8.6%.
DeFabio brings two decades of retail, wholesale and licensing experience to Iconix. She previously served as SVP of Business Development and Licensing at Ralph Lauren.
Target has been struggling to keep up with fast fashion competitors. It is dumping Mossimo and Merona and introducing new private label brands this fall across multiple categories, including its women's A New Day brand.
The retail chain will phase out some of its longstanding brands to make way for new labels. Among those to be cut are the Merona and Mossimo labels.
Iconix Brand Group on Monday reported declines in licensing revenue and net income in the fourth quarter and full year 2015. The company addressed business concerns and remains optimistic for 2016.
The American group (Umbro, Lee Cooper, Peanuts, Material Girl) specialised in licenses saw its revenue increase 7% in its 2014 financial year compared to 2013, amounting to $461m. Its EBITDA stabilised at $264m.