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Iconix Q4 Profit Down; But Outlook Up

In What's New, Industry News by Jeff Prine

New York—Iconix Brand Group Inc. reported today its fourth quarter profit was down 9% but looking ahead the brand licensing company gave an upbeat 2015 forecast. The company, which represents Candies, BONGO, London Fog, Danskin etc., said net income was $23.9 million, or 44 cents a share. Excluding costs, adjusted …

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Xcel Brands Acquires H by Halston & H Halston Brands

In What's New, Industry News by Accessories Staff

New York–Xcel Brands, the omnichannel brand management company, continues to be in acquisition mode for designer brands. The latest addition includes two brands, H by Halston
and H Halston, from Halston’s intellectual property holding company for
approximately $27.7 million in a combination of cash, stock and
warrants. The seller’s parent company, House of …

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Fam Brands/Bally Total Fitness Signs Licensee for Fitness Monitoring, Wearable Tech

In What's New, Industry News by Accessories Staff

Commerce, CA—FAM Brands has been aggressively signing licensees for its fitness brands. The latest related to one of the hottest categories at retail: wearable technology. Last month, Sakar International became the latest licensee to ink a deal with FAM’s Bally Total Fitness brand for wearable technology, fitness monitoring and electronic …

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Karen Kane Launches Hats, Jewelry

In What's New, Industry News by Lauren Parker

Los Angeles—Fashion designer Karen Kane is expanding her eponymous apparel brand with two accessories classifications: hats and fashion jewelry, both launching for Spring 2015. Hats will be manufactured by Bollman Hat Company while the jewelry will be manufactured by Glamhouse. “I always loved hats and jewelry and figured that was …