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Joint Ventures to Develop and Market Company's Brands (Detail)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2014
Mar. 31, 2014
LC Partners US      
Business Acquisition [Line Items]      
Date Created [1] 2014-03    
Iconix’s Investment 100.00% [1]   50.00%
Iconix Middle East      
Business Acquisition [Line Items]      
Date Created [2] 2014-12    
Iconix’s Investment 55.00% [2] 50.00%  
Umbro China      
Business Acquisition [Line Items]      
Date Created 2016-07    
Iconix’s Investment 95.00%    
Danskin China      
Business Acquisition [Line Items]      
Date Created [3] 2016-10    
Iconix’s Investment [3] 100.00%    
[1] At formation of the joint venture in March 2014, the Company had a 50% ownership interest in LC Partners US. In December 2016, the Company entered into an agreement with Rise Partners, LLC (“Rise Partners”) to acquire the remaining 50% ownership interest in LC Partners US. As of December 31, 2016, the Company has a 100% ownership interest in this entity.
[2] At formation of the joint venture in December 2014, the Company had a 50% ownership interest in Iconix Middle East. In December 2016, the Company irrevocably exercised its call option to acquire an additional 5% ownership interest from Global Brands Group Asia Limited (“GBG”) in order to increase the Company’s ownership interest in Iconix Middle East to 55%. Such acquisition closed in February 2017.
[3] In October 2016, the Company formed the Danskin China Limited as a wholly-owned indirect subsidiary to hold the Danskin trademarks and related assets in respect of mainland China and Macau. The Company entered into an agreement with Li-Ning (China) Sports Goods Co., Ltd. who will purchase up to a 50% interest (and no less than a 30% interest) in Danskin China Limited. The purchase of the equity interest is expected to occur over a three-year period commencing on March 31, 2019. Refer to Note 3 for further details. As of December 31, 2016, the Company’s ownership interest in Danskin China Limited was 100%.