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London Fog® Is Now Part of the Iconix Stable

Iconix NEW YORK, Aug 29, 2006/ FW/ --- As previously announced, Iconix was planning on purchasing the London Fog® brand from the London Fog Group Inc. Today, Iconix confirmed that it has closed the acquisition of the label.

"We are thrilled to have closed on our purchase of the London Fog brand. With two leading outerwear makers forming the foundation of our licensing program, we are confident will be able to quickly capitalize on the long and rich heritage of London Fog and build it into a lifestyle brand that appeals to a broad range of consumers," Neil Cole, Chairman and CEO of the Iconix Brand Group said in a statement.

Iconix had also previously announced that it has entered into a license agreement with leading outerwear maker Herman Kay, which will hold the license for men's and women's outerwear and women's suits in the United States.

In addition, Iconix has signed a license with leading children's outerwear maker Amerex (USA), Inc., which will hold the license for children's outerwear in the United States.

 

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