EXHIBIT 21

SUBSIDIARIES OF ICONIX BRAND GROUP, INC.

Bright Star Footwear LLC

 a New Jersey limited liability company

Badgley Mischka Licensing LLC

 a Delaware limited liability company

IP Holdings and Management Corporation

 a Delaware corporation

IP Holdings, LLC

 a Delaware limited liability company

IP Management, LLC

 a Delaware limited liability company

Licensing Acquisition Corp.

 a Delaware corporation

Michael Caruso & Co., Inc.

 a California corporation

Naxford Trading S.A. (inactive)

 a Uruguay corporation

Ponca, Ltd. (inactive)

 a Hong Kong corporation

Showroom Holding Co., Inc.

 a New York corporation

Unzipped Apparel LLC

 a Delaware limited liability company

Yulong Company Limited (inactive)

 a British Virgin Islands corporation