Preview - Please log in to view full article.

Article Date: March 2021
Word Count: 244

Iconix Narrows Q4 Loss on Fewer Impairments

Net loss narrowed in the final quarter to $14,144,000 from a loss of $93,029,000 prior, on licensing revenues that fell 22% to $33,888,000 from $43,178,000, as both periods were hit by trademark impairment charges. ICON took a $11.3 million charge this year for the Candies and Rampage trademarks, against a $65.6 million charge in Q4 ‘19 for Joe Boxer, Mudd, and Fieldcrest. Men’s revenue fell 35% on declines in Buffalo and Ecko Unltd, though Umbro was higher. Danskin was a bright sport for women’s, but revenue dropped 21% overall due to Mudd and London Fog. Elsewhere, home was up 62% ... Log in to view full article.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.