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

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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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