CLAIBORNE’S NEW DEALS: Liz Claiborne Inc. signed an agreement with Kellwood’s Halmode division to license J.H. Collectibles dresses and Emma James women’s dresses and suits collections. Under the agreement, Kellwood’s Halmode division will be responsible for the design, manufacturing and marketing of the moderate dress and suit lines. Both lines will be available for spring 2006 retailing. “The J.H. Collectibles dress collection will deliver soft, relaxed designs in trend-right colors, patterns and textures with an artistic feel,” said Stephen L. Ruzow, president of Kellwood’s Womenswear Division. “The Emma James dresses and suits collection will offer this customer a feminine look that can take her from desk to destination.” The Liz Claiborne dresses and suits collection has been licensed to Kellwood’s Halmode division since 2003.
ICONIX’S 2Q: Iconix Brand Group Inc. on Thursday posted second-quarter results that reflect its new focus as a brand management company. For the three months ended June 30, net income was $2.5 million, or 8 cents a diluted share, versus $518,000, or 2 cents, in the same year-ago quarter. Revenues from licensing and commissions jumped 62.4 percent to $4.3 million from $2.6 million. In the year-ago period, the company reported sales of $26 million, which reflect the firm’s operations before its transition to a new business model. For the six months, net income was $3.3 million, or 11 cents a diluted share, compared with $551,000, or 2 cents, in the same year-ago period. Licensing and commissions revenue climbed 70 percent to $8.6 million from $5.1 million.
BIG IN JAPAN: Iceberg is opening a shop-in-shop at the Isetan department store in Shinjuku, Tokyo, on Saturday. The 538-square-foot store is the result of a deal between Isetan and Iceberg parent Gilmar Group, which is expected to result in the opening of five such Iceberg stores in Japan during the next three years. The Shinjuru shop-in-shop will offer women’s clothing and accessories. Iceberg operates boutiques in Milan, Rome, Los Angeles, Paris, Amsterdam and Moscow. There are plans for more stores in Kuwait City, Seoul and Jakarta in the near future.
This story first appeared in the August 9, 2005 issue of WWD. Subscribe Today.