The owner of brands including Umbro and Lee Cooper announced on Friday that it has entered into a definitive agreement to be acquired by an affiliate of Lancer Capital, a deal which values Iconix at around $585 million.
The owner of brands including Umbro and Lee Cooper announced Q1 revenue of $23.6 million on Thursday, representing a 15% year-over-year decline, largely due to a 41% decrease in the company’s women’s segment.
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.
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.
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.
The NYC-based brand management company announced its financial results for the third quarter of 2018 on Friday, reporting narrowed losses despite tumbling sales dragged down by the group’s men’s segment.
The Paris Commercial Court will deliver its decision on 12 October, but Carven seems to have found its savior in the Chinese group Icicle, with all in favour of a total takeover, FashionNetwork.com has learned.