Iconix Loses Interest In Playboy
Iconix Brand Group had been considering the purchase of Playboy Enterprises, but according to inside sources the discussion between the two companies is over. Seems there was much they couldn’t agree on. From Reuters:
One of the key issues is that Iconix — which owns and licenses clothing brands such as Candies, Joe Boxer and Rocawear — wants to license the brand and divest or shut down Playboy units.
In addition to its well-known magazine, Playboy also has TV operations and a licensing business based on its ‘Bunny Ears’ logo, an image of a rabbit wearing a bowtie.
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