Joint venture
Joint venture established between Pacific Brands and Iconix Brand Group in 2013. The Pacific Brands half of the joint venture was transferred to Anchorage Capital when they acquired the Brand Collective division from Pacific Brands in Nov 2014.
Company Ownership
Iconix Australia LLC
USA
Iconix Brand Group Inc
owns 55% of Iconix Australia LLC
USA
Licensing and brand management
Its brands are licensed to third parties that make and sell apparel, footwear, and other fashion and home products. Acquired Umbro from Nike in Dec 2012. Became a private company in 2021 after being acquired by Lancer Capital. Has a joint venture in Australia with Brand Collective.
Lancer Capital LLC
owns 100% of Iconix Brand Group Inc
USA
Private equity firm
Acquired Iconix in 2021.
Brand Collective Pty Ltd
owns 45% of Iconix Australia LLC
AUS
Clothing & footwear
This former division of Pacific Brands was owned by Anchorage Capital Partners from 2014 until 2021, when Larry Kestelman's LK Group acquired it. Larry Kestelman also owns the National Basketball League. Merged with PAS Group in 2022, bringing together 26 fashion and footwear brands and 15 character licences sold in over 300 retail locations, making it the third-largest fashion retailer in Australia.
Company Assessment
(Last updated Jan 2019)
Praise
Criticism
Information
Iconix Australia LLC
No assessment data currently available for Iconix Australia LLC.
Iconix Brand Group Inc
Praise
Criticism
Information
Fined US$5.5m for fraud
On 5 Dec 2019 the U.S. Securities & Exchange Commission charged brand-management company Iconix Brand Group Inc. and three of its former top executives with fraud. Iconix agreed to injunctive relief and to pay a $5.5 million penalty.
Source: US SEC
(2019)
Fined for violating children's privacy
Iconix Brand Group paid a US$250,000 civil penalty in 2009 to settle charges its apparel web sites violated the Children's Online Privacy Protection Act by knowingly collecting, using or disclosing personal information from children online without first obtaining their parents' permission.
Lancer Capital LLC
No assessment data currently available for Lancer Capital LLC.
Company Details
Type:
Joint venture
Contact Details
Products / Brands
Iconix Australia
Ecko Unltd
Youth Fashion
Ed Hardy
Youth Fashion
Marc Ecko Cut & Sew
Menswear (casual)
Material Girl
Youth Fashion
Umbro
Sportswear
Zoo York
Snow/Skate/Surfwear
Zoo York
Youth Fashion