Iconix receives loan to pay off debt

New York - The news of how Iconix Brand Group, Inc. has been struggling reared its ugly head last week when Badgley Mischka purchased their trademark back from them . The company has found itself straddled with debt, and even in potential legal trouble since they have been asked to restate their earnings over the past several years. In August 2015, their CEO Neil Cole abruptly left.