NEW YORK, Feb. 13 /PRNewswire-FirstCall/ -- Iconix Brand Group, Inc.
(Nasdaq: ICON) ("Iconix" or the "Company"), today announced six new license
agreements for its Badgley Mischka(R), Op(R), London Fog(R) and Joe Boxer(R)
Newly signed Badgley Mischka licensees include Sequin LLC to manufacture
and distribute Costume Jewelry, Roma Industries LLC for Belts and A.H.
Schreiber Co., Inc. for Swimwear. Badgley Mischka Jewelry and Belts will
debut this upcoming Fall 2007, while Swimwear will launch in Spring 2008. The
collections will complement Badgley Mischka's current categories of Couture,
Platinum Eveningwear, Platinum Sportswear, Footwear, Handbags and Accessories.
License agreements were also signed for Op, London Fog and Joe Boxer.
Paramount will hold the license for London Fog Cold Weather Accessories
including hats, gloves and scarves in the United States. Internationally, J
Corp. will manufacture and distribute men's and women's Sportswear and
Accessories for Op in Canada and Morel S.A. will hold the license for men's,
women's and children's Joe Boxer Accessories and Footwear in Panama, Costa
Rica, Nicaragua, Honduras, El Salvador, Guatemala, Belize Colombia, Venezuela,
Ecuador and the Caribbean Islands.
Neil Cole, Chairman and CEO of Iconix, stated, "We are excited to welcome
these new partners to our growing network of licensees and to continue to
expand our portfolio outside of the United States."
In other Company news, Iconix announced today that as a result of its
common stock having closed at or above $18.71 per share for each of the twenty
consecutive trading days which ended on February 5, 2007, no additional shares
of Iconix common stock will be issued to former Mossimo stockholders under the
non-transferable contingent share rights issued upon the closing of the merger
in October 2006 of Mossimo, Inc. into a subsidiary of Iconix.
Iconix Brand Group, Inc. (Nasdaq: ICON) 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), LONDON FOG (R),
MOSSIMO (R) and OCEAN PACIFIC (R). 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 around the world. Iconix, through its in-house advertising,
promotion and public relations agency, markets its brands to continually drive
greater consumer awareness and equity.
Contact: Tara Taff
Public Relations Manager
Iconix Brand Group
SOURCE Iconix Brand Group, Inc.
/CONTACT: Tara Taff, Public Relations Manager, Iconix Brand Group, Inc.,
/Web site: http://iconixbrand.com/
CO: Iconix Brand Group, Inc.
ST: New York
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6117 02/13/2007 08:00 EST http://www.prnewswire.com