
follows up the Indian government's decision to relax rules on foreign ownership of retailers. Brands such as Ed Hardy, Mossimo , London Fog, and Ocean Pacific will be rolled into the JV along with existing Iconix business in India. Post your comment
which currently owns 18 brands outright: Candie's, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, London Fog, Mossimo , Ocean Pacific, Danskin, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Ed Hardy, and Waverly. The
acquired within the past year, as well as licensing partnerships into new categories. Brands like Candie's at Kohl's KSS and Mossimo at Target TGT struggled as a result of the weak consumer spending climate. Other operating expenses increased faster than
was up 80.5% to total $56 million for the quarter, driven primarily by acquisitions. Some of Iconix's brands, like Mossimo at Target TGT and Candie's at Kohl's KSS, struggled as a result of the weak consumer spending environment. Other operating
doubled to $160 million, driven by new acquisitions and internal growth of 5% from brands owned for more than one year. Mossimo at Target TGT performed very well, while other labels such as Bongo and Mudd struggled in the difficult retail environment
brands like Fieldcrest, Cannon, Royal Velvet, and Charisma. Brands that have been in the portfolio a bit longer, like Mossimo and London Fog, fared well, while other names, like Candies footwear, Bongo, and Mudd denim, performed slightly below