Trade Ideas: ICON

This was a late day Base Idea scan idea. The stock is showing a breakout from a channel with overhead resistance at $14.08.

Iconix Brand Group, Inc. operates as a brand management company, which engages in licensing and marketing a portfolio of its own consumer brands worldwide. Iconix Brand Group offers licenses women’s footwear, apparel, and accessories under the name of Candie's; junior’s footwear, tops, handbags, outerwear, swimwear, jewelry, and children’s apparel under the name of Bongo; eveningwear, bridge apparel, fur, bridal, fragrance, handbags, eyewear, footwear, hats, and cold weather items under the name Badgley Mischka; apparel, apparel accessories, and home goods for men, women, and children under the name of Joe Boxer; and junior women’s sportswear, footwear, outerwear, intimate apparel, fragrance, eyewear, and handbags under the name of Rampage. In addition, the company, through its wholly owned subsidiary, Bright Star Footwear, Inc. arranges for the manufacture of footwear products for mass market and discount retailers.

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