Subsequent Event	9 Months Ended
Sep. 30, 2012
Subsequent Event	12. Subsequent Event Proposed Acquisition of the Umbro® Brand On October 24, 2012, the Company, Umbro IP Holdings LLC, a Delaware limited liability company (“US Buyer”), Iconix Luxembourg Holdings SÀRL, a Société à responsabilité limitée registered in The Grand Duchy of Luxembourg ( “Global Buyer”), Umbro International Limited, a company incorporated in England (“Seller”), Nike Global Services Pte. Ltd. a company incorporated in Singapore (the “International Subsidiary”) and NIKE, Inc., an Oregon corporation (“Nike”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company agreed to purchase from Nike, through its indirect and wholly-owned subsidiaries, Seller and International Subsidiary, all of its intellectual property rights and licenses and certain other related assets relating principally or exclusively to the Umbro brand name. In accordance with the terms of the Purchase Agreement, the Company will pay to Seller $225.0 million in cash, of which $6.8 million was deposited by the Company into an escrow account to be held until the closing date, or, if the Purchase Agreement shall be terminated under certain circumstances, until the date of such termination. The purchase price due at closing of the acquisition will be funded upon the closing of a successful financing. The Company currently expects the transaction, which is subject to certain closing conditions, to close on or before December 31, 2012.

12. Subsequent Event

Proposed Acquisition of the Umbro® Brand

On October 24, 2012, the Company, Umbro IP Holdings LLC, a Delaware limited liability company (“US Buyer”), Iconix Luxembourg Holdings SÀRL, a Société à responsabilité limitée registered in The Grand Duchy of Luxembourg ( “Global Buyer”), Umbro International Limited, a company incorporated in England (“Seller”), Nike Global Services Pte. Ltd. a company incorporated in Singapore (the “International Subsidiary”) and NIKE, Inc., an Oregon corporation (“Nike”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company agreed to purchase from Nike, through its indirect and wholly-owned subsidiaries, Seller and International Subsidiary, all of its intellectual property rights and licenses and certain other related assets relating principally or exclusively to the Umbro brand name.

In accordance with the terms of the Purchase Agreement, the Company will pay to Seller $225.0 million in cash, of which $6.8 million was deposited by the Company into an escrow account to be held until the closing date, or, if the Purchase Agreement shall be terminated under certain circumstances, until the date of such termination. The purchase price due at closing of the acquisition will be funded upon the closing of a successful financing. The Company currently expects the transaction, which is subject to certain closing conditions, to close on or before December 31, 2012.