Iconix Brand Group Inc. said it has entered into a definitive agreement to purchase Ocean Pacific from The Warnaco Group Inc. for $54 million.
The OP brand is a leading global action sports lifestyle brand over 35 years old. As part of the deal, Warnaco will be granted a license from Iconix to continue to manufacture and sell women’s and junior swimwear.
For complete coverage see tomorrow’s issue of WWD.
Iconix Inks Deal to Acquire Ocean Pacific
Iconix Brand Group Inc. said it has entered into a definitive agreement to purchase Ocean Pacific from The Warnaco Group Inc. for $54 million.
The OP brand is a leading global action sports lifestyle brand over 35 years old. As part of the...