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Iconix Brand Group Announces Appointment Of Sue Gove To Its Board Of Directors

NEW YORK, Oct. 30, 2014 /PRNewswire/ -- Iconix Brand Group, Inc. (Nasdaq: ICON) ("Iconix" or the "Company"), is pleased to announce that its Board of Directors has appointed Ms. Sue Gove as an independent director of the Company, effective immediately. Ms. Gove will also serve on the Company's Audit Committee.

"We welcome Sue to the Board and are pleased to have attracted such a strong and talented new member," said Neil Cole, Chairman and CEO of Iconix Brand Group. "Sue's extensive experience in merchandising, finance and M&A will add a valuable perspective, and we look forward to her contribution to the Company."  

Ms. Gove is an international retail senior executive with both public and private company board experience. She most recently served as Chief Executive Officer of Golfsmith International and was instrumental in improving the firm's revenue and increasing profitability. She led the Golfsmith-Golf Town merger, integrating the two firms and positioning the company for growth. Prior to Golfsmith International, Ms. Gove worked as an independent consultant, serving specialty retail and private equity clients. Ms. Gove began her career as an accountant with Zale Corporation, America's largest specialty jewelry retailer, holding various roles during her 25-year tenure including EVP and Chief Operating Officer. Ms. Gove has been an Independent Director of AutoZone Inc. since 2005, and has also served on the Boards of Golfsmith International and Zale Corporation.    

About Iconix Brand Group, Inc.

Iconix Brand Group, Inc. owns, licenses and markets a growing portfolio of consumer brands including: CANDIE'S (R), BONGO (R), BADGLEY MISCHKA (R), JOE BOXER (R), RAMPAGE (R), MUDD (R), MOSSIMO (R), LONDON FOG (R), OCEAN PACIFIC (R), DANSKIN (R), ROCAWEAR (R), CANNON (R), ROYAL VELVET (R), FIELDCREST (R), CHARISMA (R), STARTER (R), WAVERLY (R), ZOO YORK (R), ED HARDY (R), SHARPER IMAGE (R), UMBRO (R), LEE COOPER (R), ECKO UNLTD. (R), and MARC ECKO (R). In addition, Iconix owns interests in the ARTFUL DODGER (R), MATERIAL GIRL (R), PEANUTS (R), TRUTH OR DARE (R), BILLIONAIRE BOYS CLUB (R), ICE CREAM (R), MODERN AMUSEMENT (R), BUFFALO (R), and NICK GRAHAM (R) brands. The Company licenses its brands to a network of leading retailers and manufacturers that touch every major segment of retail distribution from the luxury market to the mass market in both the U.S. and worldwide. Through its in-house business development, merchandising, advertising and public relations departments, Iconix manages its brands to drive greater consumer awareness and equity.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. The statements that are not historical facts contained in this press release are forward looking statements that involve a number of known and unknown risks, uncertainties and other factors, all of which are difficult or impossible to predict and many of which are beyond the control of the Company, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, but are not limited to, uncertainty regarding the results of the Company's acquisition of additional licenses, continued market acceptance of current products and the ability to successfully develop and market new products particularly in light of rapidly changing fashion trends, the impact of supply and manufacturing constraints or difficulties relating to the Company's licensees' dependence on foreign manufacturers and suppliers, uncertainties relating to customer plans and commitments, the ability of licensees to successfully market and sell branded products, competition, uncertainties relating to economic conditions in the markets in which the Company operates, the ability to hire and retain key personnel, the ability to obtain capital if required, the risks of litigation and regulatory proceedings, the risks of uncertainty of trademark protection, the uncertainty of marketing and licensing acquired trademarks and other risks detailed in the Company's SEC filings. The words "believe", "anticipate," "expect", "confident", "will", "project", "provide" "guidance" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward looking statements, which speak only as of the date the statement was made.

Contact Information:
Jaime Sheinheit
Investor Relations
Iconix Brand Group
212.730.0030

SOURCE Iconix Brand Group, Inc.