TITLE

Iconix to acquire Waverly brand from NexCen

PUB. DATE
October 2008
SOURCE
Furniture/Today;10/6/2008, Vol. 33 Issue 6, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Iconix Brand Group Inc. in New York will acquire Waverly Inc., a brand that specializes on home furnishing fabrics, from NexCen Brands Inc. for $26 million in cash. Neil Cole, chairman and chief executive officer of Iconix, states that the acquisition will enable them to strengthen their commitment to the home industry and will allow them to establish new partnerships with the other groups within the home category.
ACCESSION #
34678912

 

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