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IC Group history
IC Group company history timeline
2001 Merger between InWear Group A/S and Carli Gry International A/S forms IC Companys A/S.
2002 Acquisition of the brand Saint Tropez.
In 2003, the company acquired the brand Tiger of Sweden and launched the brand By Malene Birger as a joint-venture with the designer Malene Birger.
2008 New Executive Board.
2009 49% of the brand Designers Remix Collection is sold to the Management of Designers Remix Collection.
2010 Full acquisition of the brand By Malene Birger.
2013 New Executive Board.
In 2013, IC Group sold its two brands Jackpot and Cottonfield to Coop Danmark.
InWear, Matinique, Part Two and Soaked in Luxury were sold in 2014.
The company noted that these cost-cutting measures will lead to non-recurring costs of 10 million Danish crone for the 2018/19 financial year.
In May 2019, it was announced that Friheden Invest A/S, IC's main shareholder, had decided to submit an offer to purchase all company shares and therefore to take the company private.
In June 2019, the IC Group announced it will be initiating organizational changes and store closures at their Tiger of Sweden brand.
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IC Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Affinity Group Holding Inc | 1996 | $350.0M | 1,541 | 130 |
| Carolina Business Technologies | 1996 | $284.9K | 5 | 15 |
| Home Offices Solutions Co Inc | - | $200,000 | 6 | 2 |
| CROSS | 1846 | $158.3M | 105 | 64 |
| Trs Inc. | - | $570,000 | 7 | 37 |
| Cfs | - | - | 76 | 11 |
| Novus | 1973 | $46.2M | 750 | 108 |
| Armada Corp. | 2002 | $420,000 | 50 | 207 |
| Pacific Rim Capital | 1990 | $46.5M | 20 | 2 |
| O E S Inc | - | - | - | 7 |
IC Group history FAQs
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IC Group may also be known as or be related to I.C. Securities Printers, Inc., IC Group, IC Group Inc. and Ic Group.