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Owner of Jay-Z’s Rocawear in Deal With Private Equity Firm

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

The owner of Rocawear, Candie’s, Joe Boxer and Danskin is set to go private. Iconix Brand Group inked a deal to be acquired by an affiliate of private equity firm Lancer Capital in an all cash deal, including net debt, that values the grandfather of brand management firms at $585 million. According to its website, Lancer’s…

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