About Iconix Brand Group, Inc.
Iconix Brand Group, Inc. owns, licenses and markets a portfolio
of consumer brands including: CANDIE'S ®, BONGO ®, JOE BOXER ®, RAMPAGE ®, MUDD ®,
MOSSIMO ®, LONDON FOG ®, OCEAN PACIFIC ®, DANSKIN ®, ROCAWEAR ®, CANNON ®,
ROYAL VELVET ®, FIELDCREST ®, CHARISMA ®, STARTER ®, WAVERLY ®, ZOO YORK ®,
UMBRO ®, LEE COOPER ®, ECKO UNLTD. ®, MARC ECKO ®, ARTFUL DODGER ®, and HYDRAULIC®.
In addition, Iconix owns interests in the MATERIAL GIRL ®, ED HARDY ®, TRUTH OR DARE ®, MODERN AMUSEMENT ®,
BUFFALO ® and PONY ® brands. The Company licenses its brands to a network of retailers and manufacturers. Through
its in-house business development, merchandising, advertising and public relations departments, Iconix manages its brands to drive
greater consumer awareness and brand loyalty.
In addition to historical information, this press release contains
forward-looking statements within the meaning of the federal securities laws. Such forward-looking statements include projections
regarding the Company's beliefs and expectations about future performance and, in some cases, may be identified by words like "anticipate,"
"assume," "believe," "continue," "could," "estimate," "expect," "intend,"
"may," "plan," "potential," "predict," "project," "future," "will,"
"seek" and similar terms or phrases. These statements are based on the Company's beliefs and assumptions, which in turn
are based on information available as of the date of this press release. Forward-looking statements involve known and unknown risks
and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement
and could harm the Company's business, prospects, results of operations, liquidity and financial condition and cause its stock
price to decline significantly. Many of these factors are beyond the Company's ability to control or predict. Important factors
that could cause the Company's actual results to differ materially from those indicated in the forward-looking statements include,
among others: the ability of the Company's licensees to maintain their license agreements or to produce and market products bearing
the Company's brand names, the Company's ability to retain and negotiate favorable licenses, the Company's ability to meet its
outstanding debt obligations and the events and risks referenced in the sections titled "Risk Factors" in the Company's
Annual Report on Form 10-K for the year ended December 31, 2018 and subsequent Quarterly Reports on Form 10-Q and
in other documents filed or furnished with the Securities and Exchange Commission. Our forward-looking statements do not reflect
the potential impact of any acquisitions, mergers, dispositions, business development transactions, joint ventures or investments
we may enter into or make in the future. Given these uncertainties, you should not place undue reliance on these forward-looking
statements. These forward-looking statements are made only as of the date hereof and the Company undertakes no obligation to update
or revise publicly any forward-looking statements, except as required by law.
John T. McClain
Executive Vice President and Chief Financial Officer
Iconix Brand Group, Inc.