Debt Worries The bigger cause of concern from Monday's announcement was the implication that the company may have debt issues next year. Iconix has been addressing its large debt load through selling off brands and working on a refinancing of the 2018 maturity. To generate cash, it sold off the entertainment division (Peanuts and Strawberry Shortcake) and the Sharper Image brand, with the proceeds used for paying down debt.
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