1. Iconix Dops as Founder Cole Steps Down From President, Chairman and CEO Posts

    Iconix Dops as Founder Cole Steps Down From President, Chairman and CEO Posts

    Shares of Iconix tumbled 25 percent Friday after it was announced that founder Neil Cole was leaving the clothing brand licensing company. Cole has been president, chairman and CEO since the company was founded 10 years ago. Iconix said Thursday that Cole would serve as a special adviser through the end of September. Board member Peter Cuneo was named interim CEO and chairman...

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    1. Iconix possesses some very strong brands with considerable growth potential, especially in the area of sports and entertainment and we believe the acquisition pipeline remains robust.
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