Daniel Castle, former Iconix VP of international and business development, will be joining Saban Brands as the company’s managing director of strategic business development.
Iconix Brand Group has made changes to its executive management team.
NEW YORK — Iconix Brand Group has acquired Lee Cooper, a global lifestyle brand with over a 100-year heritage for $72 million in cash. The brand was acquired through the company's Luxembourg subsidiary, Iconix Luxembourg Holdings Sarl.
Iconix Brand Group has gained a controlling stake of the apparel brand, Buffalo David Bitton from Buffalo International.
Iconix Brand Group has acquired the Umbro brand from Nike for $225 million in cash.
Iconix Brand Group reported that total revenue for the second quarter of 2012 was approximately $93.6 million, a 5% increase as compared with approximately $89.3 million in the second quarter of 2011.