The brand management company is also looking to sell the Strawberry Shortcake brand.

The characters, which also include Lucy, Peppermint Patty and Pigpen, have attracted Chinese companies as well as other investors, according to people familiar with the matter.
Reuters
also reports the sale interest comes three months after MetLife, a U.S. insurance company, dropped the characters it had been using as mascots for more than 30 years.
Additionally, Iconix is also looking to sell the Strawberry Shortcake brand.
Iconix is the fourth largest licensor in the world, according to
License Global’s
annual
Top 150 Global Licensors report
, with $13 billion in retail sales of licensed merchandise worldwide in 2015. Furthermore, in 2015, Peanuts was the company’s largest brand in terms of licensing revenue.
The strength of Peanuts was driven by the launch of the
Peanuts
movie, which was supported by
If sold, Peanuts and Strawberry Shortcake will join Iconix’s recent sells, including The Sharper Image Brand, which the ThreeSixy Group bought at the beginning of the year.
Iconix EVP and CFO Dave Jones will be the keynote speaker on day one of the NYC Licensing Summit, March 2.
Read more about:
Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes, it’s completely free.