The previously embattled brand management firm is taking more steps to right-size its portfolio & reduce its debt load.
The brand is now in the hands of FAO Schwarz owner ThreeSixty Group.
The actress and fashionista dishes on some favorite trends and what’s next with her Candie’s collaboration.
Iconix revenue slipped 2 percent, to $95.7 million — a modest beat on estimates for Q2 revenue of $95.2 million.
Iconix Brand Group has pared down its 2016 guidance to reflect its repurchase of $105 million in outstanding convertible notes.
Iconix’s net income for the quarter declined 72 percent, to $18.6 million, or 37 cents per share. But adjusted EPS, at 53 cents, beat estimates.
The “Modern Family” star is also the first creative director for the junior’s brand.
Canaccord Genuity Inc. analyst Camilo Lyon warned that the perception of private equity brand managers could be tainted by Iconix’s struggles.
Fifth Harmony is giving fans a sneak peek of their new Candie’s commercial that airs Sunday during the Teen Choice Awards.