TITLE

Iconix Is on the Hunt To Acquire More Brands As Net Rises 54 Percent

AUTHOR(S)
Young, Vicki M.
PUB. DATE
November 2006
SOURCE
WWD: Women's Wear Daily;11/2/2006, Vol. 192 Issue 93, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reveals the plans of Iconix Brand Group to continue its acquisition efforts. It also plans additional licensing deals for the nine brands under the Iconix umbrella. But its appetite for more remains and the firm will need to boost its portfolio to help propel earnings per share toward the lofty growth goal of 15 to 20 percent. According to Chairman and CEO Neil Cole, he was pleased with the purchase of Ocean Pacific from the Warnaco Group for $54 million.
ACCESSION #
23087244

 

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