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Iconix Brand Group (NASDAQ: ICON) is a public company that is listed on the NASDAQ stock exchange in the United States. Iconix is a brand management company that owns, licenses, and markets a portfolio of consumer brands.
In terms of the company's archive, Iconix has a long history of acquiring and managing a diverse portfolio of consumer brands. The company was founded in 1978 and has since acquired and developed a portfolio of over 30 brands, which it licenses to manufacturers and retailers around the world.
Iconix has reported financial results for the most recent quarter ended March 31, 2023. The company's revenue for the quarter was $56.1 million, down from $61.8 million in the same quarter of the previous year. However, the company's net income for the quarter was $14.8 million, up from $12.6 million in the same quarter of the previous year.
Iconix has a strong focus on growth and has implemented various strategies to drive revenue and earnings. The company has expanded its presence in international markets, particularly in China, and has entered into new licensing agreements with a variety of manufacturers and retailers. Additionally, Iconix has made several acquisitions and divestitures to further strengthen its brand portfolio and optimize its operations.
Overall, Iconix Brand Group is a publicly traded company that has a long history of managing and growing a portfolio of consumer brands. While the company's revenue decreased in the most recent quarter, it was able to increase its net income and continue its focus on growth through international expansion and licensing agreements.