Iconix Brand Group Promotes Seth Horowitz to COO

Iconix Brand Group, Inc. announced key management changes.

   — Seth Horowitz has been promoted to Chief Operating Officer.
 
   — Jeff Lupinacci has been appointed Chief Financial Officer.
 
   — Warren Clamen is resigning from the company to pursue other
      opportunities.
 
   — Rodney Hutton has joined the company as Executive Vice President of the
      Men's Division.

“I am pleased to announce this new role for Seth, as well as the addition of Jeff and Rodney to the Iconix team. As we continue to grow our worldwide footprint through our powerful portfolio of brands and new acquisitions, it's critical that we have strong talent in place to ensure the ongoing success of our company,” commented Neil Cole, chief executive officer, Iconix Brand Group. “We would also like to thank Warren for his contributions over the past nine years. During his tenure at Iconix, the company has grown tremendously and Warren has played an important role in that success.”

Horowitz previously served as the president of the Men's Division for Iconix where he led the transition of the Umbro international business model and reestablished Starter as a premier athletic brand with NFL, NBA and MLB league collaborations. Prior to joining the company, Horowitz served as president for Modell's Sporting Goods. Horowitz began his career at Everlast where he held various roles, most recently Chairman, CEO, & President.

Lupinacci joins with over 20 years of experience in finance, most recently serving as Global Chief Financial Officer of IPG Mediabrands, the media holding company of Interpublic Group, responsible for managing and investing $37 billion in global marketing dollars on behalf of its clients. While with IPG Mediabrands, he managed finance, technology, and legal operations for 45 offices around the world. He also has extensive experience in M&A due diligence, analysis and negotiation, having led all aspects of a number of acquisitions during his work at IPG Mediabrands, and previous positions in the M&A and Venture Capital group at Koch Industries. Previously, he was Chief Financial Officer, North America, ARC Worldwide, a marketing services partner of Publicis Groupe. He has also held a number of financial positions at JP Morgan Chase & Co.

Hutton is a 25 year industry veteran. Prior to joining Iconix, Hutton was Chief Merchandising Officer for Anne Klein Brands where he was responsible for the global merchandising, marketing, licensing, and product development strategy. Prior to that, Hutton was Principal at Fashion Iconic LLC, an established brand consultancy, where he developed and implemented brand strategies for numerous companies. Hutton also held head merchant and business positions at Karl Lagerfeld where he was SVP\GM, and Giorgio Armani Corp, where as VP Merchandising, his ten year tenure extended over all Giorgio Armani men's and women's RTW, accessory and licensed product.

Iconix Brand Group, Inc. owns, licenses and markets a growing portfolio of consumer brands including: CANDIE'S (R), BONGO (R), BADGLEY MISCHKA (R), JOE BOXER (R), RAMPAGE (R), MUDD (R), MOSSIMO (R), LONDON FOG (R), OCEAN PACIFIC (R), DANSKIN (R), ROCAWEAR (R), CANNON (R), ROYAL VELVET (R), FIELDCREST (R), CHARISMA (R), STARTER (R), WAVERLY (R), ZOO YORK (R), ED HARDY (R), SHARPER IMAGE (R), UMBRO (R), LEE COOPER (R), ECKO UNLTD. (R), and MARC ECKO (R). In addition, Iconix owns interests in the ARTFUL DODGER (R), MATERIAL GIRL (R), PEANUTS (R), TRUTH OR DARE (R), BILLIONAIRE BOYS CLUB (R), ICE CREAM (R), MODERN AMUSEMENT (R), and BUFFALO (R) brands.