Iconix Brand Group has made changes to its executive management team.
NEW YORK — Iconix Brand Group has acquired Lee Cooper, a global lifestyle brand with over a 100-year heritage for $72 million in cash. The brand was acquired through the company's Luxembourg subsidiary, Iconix Luxembourg Holdings Sarl.
Iconix Brand Group has gained a controlling stake of the apparel brand, Buffalo David Bitton from Buffalo International.
Iconix Brand Group has acquired the Umbro brand from Nike for $225 million in cash.
Iconix Brand Group reported that total revenue for the second quarter of 2012 was approximately $93.6 million, a 5% increase as compared with approximately $89.3 million in the second quarter of 2011.