Reuters - Iconix Buys Lee Cooper Brand

Iconix Brand Group, which licenses shoe and clothing brands to retailers and manufacturers, has acquired British denim label Lee Cooper for $72 million in cash, writes Reuters. The company, owner of brands such as Ed Hardy, Rocawear and Candie's, said it bought the Lee Cooper brand through its Luxembourg subsidiary -- Iconix Luxembourg Holdings Sarl.

DealsNorth AmericaUSBriefs