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.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styled by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
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