All Iconix Brand Group articles
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News briefs
Genesco obtains North American license for Starter
Genesco signed a three-year licensing agreement for the athletic brand Starter with Iconix Brand Group. With the agreement, Genesco becomes the exclusive footwear licensee in the U.S. and Canada. The deal includes a three-year renewal option, which would extend the partnership through Dec. 31, 2027. “Starter has been part of ...
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News briefs
Iconix redeems its notes while merging with Lancer
The Iconix Brand Group has announced the full redemption of its outstanding 5.75 percent convertible senior notes, which were due in 2023, at their initial aggregate price of $125 million plus accrued interest, in connection with its planned merger with Lancer Capital on Aug. 4. The announcement coincided ...
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Article
Stocks of footwear firms benefit from the re-opening of the economy in Q2
In the second quarter, stocks of footwear companies were generally higher as they benefited from the reopening of the economy, following the easing of Covid-19 restrictions, and a subsequent rebound in the consumption of clothing and shoes. Large U.S. footwear companies, which had already posted strong gains in the first ...
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Iconix is being taken over by Lancer Capital
Iconix Brand Group , an American manufacturer and retailer of apparel and footwear, has entered into a definitive agreement to be bought by the private equity Lancer Capital , though its affiliate Iconix Acquisition Corp. , in an all-cash transaction that values Iconix at about $585 million, including net debt. ...
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News briefs
Iconix to review alternatives including a sale or merger
Iconix Brand Group , an American manufacturer and retailer of apparel and footwear, is studying “strategic alternatives” to enhance shareholder value, including a potential sale of the company or a merger with another party. The board has authorized management and its external advisors to consider a “broader range of ...