Thursday, November 26, 2020


Iconix announced its financial results 

USA: Iconix Brand Group Inc., has announced its fourth quarter and full year 2016 financial results. The company noted an…

By gta_admin , in Comapny news International News , at February 24, 2017 Tags:

USA: Iconix Brand Group Inc., has announced its fourth quarter and full year 2016 financial results. The company noted an 8 per cent plunge in the fourth quarter’s licensing revenue in comparison to US $ 94.7 million in the same period of 2015. Operating income stood at US $ 385.8 million. Men and women’s licensing revenue too decreased by 10 per cent to US $ 11.8 million and 17 per cent to US $ 18.8 million, respectively.

The brand also released its full year financial report, which depicts decline of 3 per cent in annual licensing revenue as compared to US $ 379.2 million in 2015. For the full year, women’s and men’s licensing revenue was also down 10 per cent and 12 per cent to US $ 106.5 million and US $ 48.6 million, respectively.

 

 

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