Retail Merchandiser - November/December 2017 - 100
Seeing is Believing
Icon Eyewear is exploring acquisition opportunities and expanding its business model.
BY KAT ZEMAN
Celebrating its 30th anniversary this year,
Icon Eyewear manufactures, supplies and
imports sunglasses and readers.
reparing for a bright future, Icon Eyewear
has assembled plenty of shades. Although
it's already one of the largest private-label
suppliers of sunglasses and readers in North
America, the company is aiming higher.
Its plans include exploring acquisition opportunities, launching new e-commerce sites and closing
deals with major global retailers. "We are aggressively looking for acquisition," President Effy Zinkin
says. "Icon has always grown organically, but we've
been a very healthy company for a long time and
we are in the market to acquire another reader or
Icon Eyewear manufactures, supplies and imports
sunglasses and readers for men and women. Privately
owned and operated, it is known for an array of private-label, licensed and proprietary brands. Its pri-
vate-label retailers - which make up roughly 65 percent of the company's business - include Nordstrom,
Forever 21, Urban Outfitters, The Buckle, Ann Taylor, JC Penney, Kroeger, Costco, Target and Walmart.
The company states that it has a fast-growing
reader business and a licensed brand portfolio that
features names such as Dickies, Zoo York, Geoffrey
Beene, Franco Sarto and Sag Harbor. "And we are
about to announce the first of several new global licenses as we refresh and enhance our license portfolio," Zinkin adds.
South Hackensack, N.J.-based Icon Eyewear this
year launched an e-commerce site on Amazon,
which is just coming out of its test phase. In addition, the company is launching two more e-com-