The first free-standing Candie's store will open this August in Shanghai, followed by a total of 50 openings by the end of the year in Shanghai. Beijing, Chongjing and other cities. Within the next five years, Iconix plans to open more than 500 Candie's stores throughout China.
With this new agreement and the recent acquisition of the Peanuts brand, Iconix's presence in Greater China is predicted to grow to approximately 1,700 stores and more than 3,300 other points-of-sale in the next three years. The Peanuts brand's presence in Greater China includes 700 Snoopy Stores, Charlie Brown Cafes and Snoopy Bakeries.
"We are extremely pleased with the early progress of our current partnerships in China for Rampage,
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