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Iconix Brand Group Inks Deal to Sell Umbro China for $62.5M

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Iconix Brand Group inked a deal to sell Umbro China for $62.5 million. According to a Securities and Exchange Commission (SEC) regulatory filing Wednesday, the owner of brands including Mossimo, Rocawear and Ed Hardy reported its plans to sell all equity interests in the sports-centric label’s China business. The sale of Umbro China, a subsidiary…

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