Iconix Brand Group, Inc. Ramps Up Home Business With New Licensing Deals For Cannon
Iconix Brand Group, Inc. (Nasdaq: ICON) announced today two new licensing deals for its Cannon brand. Cannon, a heritage home brand established in 1887 and owned by Iconix Brand Group, is known for its high-quality and affordable home products. Cannon’s two new licensees are Pem America for fashion bedding, sheets, blankets, throws, down alternative utility bedding and window; and Blue Ridge Home Fashions for natural fiber and down utility bedding. Both licensees will design, manufacture and distribute Cannon products across their respective categories. The territories for the Pem America agreement are the U.S., Canada and Mexico, while Blue Ridge Home Fashions will have the Cannon license for the U.S. and Canada.
The new Cannon collections from Pem America and Blue Ridge Home Fashions will be shown to the industry during Home Textiles Market, which kicks off on March 18. The new product lines are expected to make their retail debut at department and specialty stores during the Spring 2020 season.
“Cannon’s new partnerships with Pem America and Blue Ridge Home Fashions will help Iconix further strengthen and develop our home business,” said Bob Galvin, chief executive officer and president at Iconix Brand Group, Inc. “Cannon is one of the most recognized home brands and we look forward to collaborating with these new partners to capitalize on its potential.”
“We have a long and successful history of partnering with Iconix on other brands in their portfolio and we’re thrilled to expand our relationship with the addition of a strong legacy brand like Cannon,” said Sam Glasnapp, Executive Vice President at Pem America.
“Blue Ridge Home Fashions is a leading utility bedding manufacturer and we’re excited to combine our expertise with the heritage of the Cannon brand,” said Mark Schwartz, Director of Sales and Product Development for Blue Ridge Home Fashions.
Cannon is one of 30 brands in Iconix Brand Group’s portfolio of consumer brands. The company owns, licenses and markets its brands through a network of leading retailers and manufacturers that touch every major segment of retail distribution in both the U.S. and worldwide. In addition to Cannon, Iconix Brand Group owns four other home brands including Waverly, Charisma, Fieldcrest and Royal Velvet.
Founded in 1887, Cannon is a home brand with a strong heritage and products that are known for their high quality, easy care and appeal to a broad range of consumers. One of the most recognized home brands, Cannon always delivers a consistent quality at an affordable price point.
For updates and more information on Cannon, please visit CannonHome.com.
About Pem America
Pem-America is a leading supplier of high-quality soft home textiles products. Founded in 1993, their commitment to quality, design and innovation has been key to their success. They supply both licensed and private label products and work with major retailers in the U.S.
For more information, please visit http://pemam.com/.
About Blue Ridge Home Fashions
With 25 years in business, Blue Ridge Home Fashions has established itself as one of the leading utility bedding manufacturers in the United States, specializing in down/feather home textiles products. Blue Ridge Home Fashions’ products are available in department stores, specialty stores and online retailers in the U.S. including Kohl’s, Bed Bath & Beyond, Macy’s, Costco, Walmart, Sam’s Club, QVC, HSN and Amazon among others.
For more information, please visit https://www.blueridgehomefashionsinc.com/.