The owner of Umbro and Lee Cooper reported a Q4 loss of $14.1 million, or $1.06 per share, on Wednesday, a significant improvement from a loss of $93.0 million, or $7.94 per diluted share, in the prior-year period.
Italian fashion house Moschino is to launch a brand-new fashion and accessories collection with the seminal skateboard brand Palace, in the latest link-up between the worlds of runway fashion and street style.
The owner of brands including Umbro, Lee Cooper and Ecko Unltd reported Q3 net income of $45.7 million on Monday, swinging back into profit despite the negative impact of the Covid-19 pandemic on its revenues.
As it continues to consider its strategic alternatives, the New York-based brand management company has announced the completion of the sale of its Starter China subsidiary to an unnamed buyer for $16.0 million.
The owner of Tommy Hilfiger and Calvin Klein has revealed that it is closing its heritage brands retail business as part of efforts to streamline its operations in North America in the wake of the Covid-19 pandemic.
As the New York-based brand management company continues its search for a financial lifeline, Iconix has announced that it is examining a range of strategic alternatives, including a potential sale or merger.
The US brand’s relationship with the Royer group, its distribution partner in France, Germany and Benelux since 2011, will terminate at the end of 2020, when New Balance will take over European operations directly.
Following its announcement of the sale of Umbro China, New York-based brand management company Iconix’s Chinese subsidiary revealed on Thursday that it has also signed a deal to sell the Starter China business.
The New York-based owner of brands including Umbro, Lee Cooper and Ecko Unltd. announced a net loss of $21.5 million for the first quarter on Tuesday, down from income of $17.9 million in the prior-year period.