Shares of Iconix Brand Group Inc (NASDAQ:ICON) ended Wednesday session in green amid volatile trading. The shares closed up +0.14 points or 1.54% at $9.26 with 277,229 shares getting traded. Post opening the session at $9.10, the shares hit an intraday low of $9.10 and an intraday high of $9.31 and the price vacillated in this range throughout the day. The company has a market cap of $518.05 million and the numbers of outstanding shares have been calculated to be 56.13 million shares.
Iconix Brand Group Inc (ICON) recently declared that Jamie Cygielman will be joining the Company as Executive Vice President and Chief Marketing Officer on January 3, 2017.
Ms. Cygielman brings to Iconix over 25 years of marketing and business development experience in the fashion apparel, toy, entertainment and cosmetics industries from companies counting The Jones Group, Madame Alexander Doll Company, Madison Square Garden, Hit Entertainment, Mattel and Revlon.
“Jamie has extensive experience in brand building, licensing, promotional partnerships, advertising, creative platform development, and digital and social media,” said John Haugh, Chief Executive Officer of Iconix. “And as we talked about at our recent shareholder day, driving organic growth is a key component of our strategy, and Jamie’s expertise across a broad range of consumer product categories will assist us maximize the full potential of our portfolio of brands.”
“I look forward to joining the Iconix team,” said Cygielman. “As I look across Iconix’ portfolio of brands, I see tremendous potential to develop leading edge marketing programs that will facilitate Iconix to deliver a differentiated value proposition to its retail and wholesale partners, create raised brand relevancy and drive long term brand equity.”
Ms. Cygielman earned her undergraduate degree from the University of Michigan and her MBA from the Stern School of Business at New York University.