363
Fashion Jobs
UNDER ARMOUR
Associate, HR Administration
Permanent · SEOUL
ARKET
Visual Merchandising Manager
Permanent · BUSAN
PUIG
Marketing Manager
Permanent · SEOUL
JAEGER
[Jaeger Lecoultre] Marketing & Communication Director
Permanent · SEOUL
ESTÉE LAUDER COMPANIES
Corporate Account Executive For Travel Retail Korea, Estee Lauder Companies
Permanent ·
ESTÉE LAUDER - BRAND
Assistant Education Manager, Estee Lauder
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] Luxe Div. - Lancome E-Commerce Specialist
Permanent · SEOUL
COS
Instore Visual Merchandiser Manager_seoul/Gyeonggi
Permanent · SEOUL METROPOLITAN AREA
AESOP
Shinsegae Gwangju - Retail Consultant
Permanent · GWANGJU
COACH
Manager, Ecommerce
Permanent · SEOUL
ADIDAS
Manager, Business Planning & Analysis, Wholesales
Permanent · SEOUL
HENKEL
Adhesive Key Account Manager For Sports And Fashion Market
Permanent · BUSAN
HENKEL
Consumer Brands General Manager Assistant
Permanent ·
HYPEBEAST
Brand Partnership Manager
Permanent · SEOUL
ADIDAS
Manager, Retail Marketing - Originals, Brand Adidas
Permanent · SEOUL
ADIDAS
Manager, bu - Football Apparel, Brand Adidas
Permanent · SEOUL
SWAROVSKI
District Manager (Travel Retail)
Permanent · SEOUL
SHISEIDO
E-Key Account Manager, Cosmetics&Fragrance (Korean Only)
Permanent · SEOUL
ADIDAS
sr. Manager, Process Excellence & Analytics, Scm
Permanent · SEOUL
ADIDAS
Director, Performance Management/s&op
Permanent · SEOUL
LEVI'S
DTC Assistant Marketing Manager
Permanent ·
AMORE PACIFIC
[경력] '24년 Amorepacific_기술기획 직무 채용
Permanent ·
Published
Dec 7, 2017
Download
Download the article
Print
Text size

Iconix Brand expects sales decline in Q3

Published
Dec 7, 2017

US clothing marketer Iconix Brand Group said that it expects licensing revenue to fall some 12 percent in the third quarter of 2017, as it reported preliminary third quarter results on Wednesday.

Iconix Brand expects sales decline in Q3


The company expects licensing revenue to be approximately $53.2 million, compared to $60.5 million in the prior year quarter, due to the sale of the Sharper Image brand which was sold in the fourth quarter of 2016 and revenue loss from its Southeast Asia joint venture which was deconsolidated in the second quarter of 2017.
 
Excluding Sharper Image and Southeast Asia, revenue declined approximately 7% in the third quarter of 2017.

The company also expects SG&A expenses to be approximately $21.5 million in the third quarter ended September 30, 2017, a 28 percent decrease.
 
The brand management company sold its entertainment segment to DHX Media for $345 million in cash earlier this year.
 
The sale has reduced the company’s debt, but will lead to a loss in sales. Still, Iconix said in May that the loss of sales will be offset by savings on interest payments on Iconix’s existing debt.
 
The company still expects full year 2017 results to be within previously issued guidance, which includes full year revenue in a range of approximately $350 million to $365 million. 

Iconix Brand Group Inc. is a brand management company and owner of a diversified portfolio of 35 global consumer brands across women’s, men’s, and home segments.

The company manages brands such as Joe Boxer, London Fog, Marc Ecko and more. 

Copyright © 2024 FashionNetwork.com All rights reserved.