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Neil Cole stepped down as Iconix ceo in August ’15.

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FALLING SHARES:
Shares of Iconix Brand Group
are down about 80 percent from earlier this year. The three steep declines in the chart reflect three key developments: the departure of the coo in April; Founder Neil Cole’s departure in August; and the company’s announced earnings restatement in November.

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LESS VALUE:
Source: FTSE
The drop in the company’s stock
price has severely eroded it market
capiEtntaerlpirizseaVatluieon, anMdarkaetsCatphitaelizatcionhart shows,
the enterprise value as well.

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