Scion Acquires Artful Dodger Brand

Scion LLC, a joint venture between Iconix Brand Group Inc. and Shawn “Jay-Z” Carter, has acquired the brand Artful Dodger from Sovereign State LLC. The purchase price for the brand was approximately $15 million, paid in cash by Scion. Artful Dodger is an exclusive, high-end apparel brand sold in boutiques and specialty stores such as Harvey Nichols in the UK and at specialty stores and boutiques in the United States.