NEW YORK--(BUSINESS WIRE)--July 26, 2005--Iconix Brand Group, Inc.
(NASDAQ: ICON) (the "Company") formally Candie's, Inc., announced
today it has entered into a license agreement for the Company's
BADGLEY MISCHKA(R) brand with August Accessories for women's cold
weather accessories, hats and scarves. The collection will debut in
select high-end and luxury department and specialty stores for Fall
2006. Retail prices will range from $100.00-$600.00.
Mark Badgley and James Mischka, stated, "We are very excited to
expand further into the area of scarves and shawls, as well as to add
hats and cold weather accessories. We have found a great partner with
August Accessories, and are really looking forward to working with
their very talented design and sales teams to execute the Badgley
Mischka vision for these products."
Commenting on the new agreement, Neil Cole, CEO, Iconix, "With the
addition of this new accessory license Badgley Mischka is one step
closer to becoming a complete lifestyle brand. The Badgley Mischka
brand has tremendous growth potential and we are continuing to
evaluate many interesting opportunities for expansion in the United
States and around the world."
Daniel J. Maravilla, Vice President of Design & Sales, August
Accessories, stated, "We see a tremendous opportunity to bring the
glamour of Badgley Mischka to the main floor of department stores and
create excitement and newness that does not exist today. We are
excited about the momentum of the brand and its expansion and look
forward to working with Mark and James on a truly unique and creative
collection of luxurious accessories."
Iconix Brand Group, Inc. (NASDAQ: ICON) is in the business of
licensing the CANDIE'S(R), BONGO(R), BADGLEY MISCHKA (R) and JOE BOXER
(R) trademarks on a variety of footwear, apparel and fashion products.
Through its wholly owned subsidiary, Brightstar Footwear, Inc., the
Company also arranges for the manufacture of footwear products for
mass market and discount retailers under the private label brand of
the retailer. For investor information please visit the corporate Web
site at http://www.iconixbrand.com.
CONTACT: Badgley Mischka
Maria Dolgetta, 212-819-2084
Director of Public Relations
SOURCE: Iconix Brand Group, Inc.