The Company	12 Months Ended
Dec. 31, 2013
The Company	The Company Iconix Brand Group, Inc. (the “Company”) is in the business of licensing and marketing intellectual property. The Company, through its wholly-owned subsidiaries, currently owns the following brands: Candie’s^®, Bongo^®, Badgley Mischka^®, Joe Boxer^®, Rampage^®, Mudd^®, London Fog^®, Mossimo^®, Ocean Pacific/OP^®, Danskin^®, Rocawear^®/Roc Nation^®, Cannon^®, Royal Velvet^®, Fieldcrest^®, Charisma^®, Starter^®, Waverly^®, Ecko Unltd^®/Mark Ecko^®, Zoo York^®, Sharper Image^®, Umbro^® and Lee Cooper^®, which it licenses to third parties for use in connection with a variety of apparel, fashion accessories, footwear, beauty and fragrance, home products and décor and electronics. In addition, Scion LLC (“Scion”), a joint venture in which the Company has a 50% investment, owns the Artful Dodger^® brand and owns a 50% interest in the Billionaire Boys Club^®/BBC^® and Ice Cream^® brands; Hardy Way LLC (“Hardy Way”), a joint venture in which the Company has an 85% investment, owns the Ed Hardy^® brands; MG Icon LLC (“MG Icon”), a joint venture in which the Company has a 50% investment, owns the Material Girl^® and Truth or Dare^® brands; Peanuts Holdings LLC (“Peanuts Holdings”), a joint venture in which the Company has an 80% investment, owns, through its wholly-owned subsidiary Peanuts Worldwide LLC (“Peanuts Worldwide”), the Peanuts^® brands; Icon Modern Amusement LLC (“Icon Modern Amusement”), a joint venture in which the Company has a 51% investment, owns the Modern Amusement^® brand; and 1724982 Alberta ULC (“Alberta ULC”), a joint venture in which we have a 51% controlling interest, owns the Buffalo^® brand. The Company’s brands are sold across a variety of distribution channels through direct-to-retail and wholesale licenses, from the mass tier to the luxury market and, in the case of our Peanuts brand, through various media outlets, including television, movies, web-based and mobile content. The Company supports its brands with innovative advertising and promotional campaigns designed to increase brand awareness, and provides its licensees with coordinated trend direction to enhance product appeal and help maintain and build brand integrity. The Company’s business strategy, as a licensing and marketing company, is to maximize the value of its intellectual property by entering into strategic licenses with licensees who have been selected based upon the Company’s belief that they will be able to produce and sell quality products in the categories of their specific expertise. This licensing strategy is designed to permit the Company to operate its licensing business with minimal working capital, no inventory, production or distribution costs or risks, and utilizing a group of core employees. Further, the Company also seeks to monetize its trademarks internationally through licenses, partnerships, and other arrangements, such as joint ventures.

The Company

Iconix Brand Group, Inc. (the “Company”) is in the business of licensing and marketing intellectual property. The Company, through its wholly-owned subsidiaries, currently owns the following brands: Candie’s^®, Bongo^®, Badgley Mischka^®, Joe Boxer^®, Rampage^®, Mudd^®, London Fog^®, Mossimo^®, Ocean Pacific/OP^®, Danskin^®, Rocawear^®/Roc Nation^®, Cannon^®, Royal Velvet^®, Fieldcrest^®, Charisma^®, Starter^®, Waverly^®, Ecko Unltd^®/Mark Ecko^®, Zoo York^®, Sharper Image^®, Umbro^® and Lee Cooper^®, which it licenses to third parties for use in connection with a variety of apparel, fashion accessories, footwear, beauty and fragrance, home products and décor and electronics. In addition, Scion LLC (“Scion”), a joint venture in which the Company has a 50% investment, owns the Artful Dodger^® brand and owns a 50% interest in the Billionaire Boys Club^®/BBC^® and Ice Cream^® brands; Hardy Way LLC (“Hardy Way”), a joint venture in which the Company has an 85% investment, owns the Ed Hardy^® brands; MG Icon LLC (“MG Icon”), a joint venture in which the Company has a 50% investment, owns the Material Girl^® and Truth or Dare^® brands; Peanuts Holdings LLC (“Peanuts Holdings”), a joint venture in which the Company has an 80% investment, owns, through its wholly-owned subsidiary Peanuts Worldwide LLC (“Peanuts Worldwide”), the Peanuts^® brands; Icon Modern Amusement LLC (“Icon Modern Amusement”), a joint venture in which the Company has a 51% investment, owns the Modern Amusement^® brand; and 1724982 Alberta ULC (“Alberta ULC”), a joint venture in which we have a 51% controlling interest, owns the Buffalo^® brand. The Company’s brands are sold across a variety of distribution channels through direct-to-retail and wholesale licenses, from the mass tier to the luxury market and, in the case of our Peanuts brand, through various media outlets, including television, movies, web-based and mobile content. The Company supports its brands with innovative advertising and promotional campaigns designed to increase brand awareness, and provides its licensees with coordinated trend direction to enhance product appeal and help maintain and build brand integrity.

The Company’s business strategy, as a licensing and marketing company, is to maximize the value of its intellectual property by entering into strategic licenses with licensees who have been selected based upon the Company’s belief that they will be able to produce and sell quality products in the categories of their specific expertise. This licensing strategy is designed to permit the Company to operate its licensing business with minimal working capital, no inventory, production or distribution costs or risks, and utilizing a group of core employees. Further, the Company also seeks to monetize its trademarks internationally through licenses, partnerships, and other arrangements, such as joint ventures.