Madonna to launch fashion lines
The pop star and Iconix Brand Group unveiled a joint venture to launch fashion brands globally, starting with a juniors collection, aptly called Material Girl, to be sold at Macy's department stores this August.
The company, MG Icon, will be 50 percent owned by Iconix and 50 percent by Madonna and Guy Oseary, her manager, and it will hold a license to use the singer's name for apparel, footwear and other products.
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www.reuters.com
03-11-10
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