By  on September 29, 2008

One down, one to go.

With the agreement to sell its Waverly Brands home furnishings operation to Iconix Brand Group Inc. for $26 million in cash, plus the assumption of future liabilities, cash-strapped NexCen Brands Inc. is left to find a buyer for its Bill Blass business to complete the planned divestiture of the non-franchise businesses.

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