IC Group is a clothing company based in

Copenhagen Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan ar ...

, Denmark.

History

IC Group was founded as IC Companys in 2001 through the merger of InWear Group A/S and Carli Gry International A/S. InWear had been founded by Niels Martinsen in 1973. Carly Gry traced its history back to 1940 when Jørgen and Carli Gry opened a small shop in Copenhagen. In 1973, the company launched the clothing brand Jackpot. In 2002, IC Group acquired the brand Saint Tropez and launched the brands O by Isabell Kristensen (since 2006: Soaked in Luxury) and Designers Remix Collection. 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 Malene Birger is a Danish fashion designer. She co-founded Day Birger et Mikkelsen in 1997 and By Malene Birger in 2003. Career Birger graduated from the Danish Design School in 1989. She began her career in the fashion industry in 1989 as d ...

. In 2013, IC Group sold its two brands Jackpot and Cottonfield to

Coop Danmark Coop, COOP, Co-op, or ''variation'', most often refers to: * A chicken coop or other enclosure * Cooperative or co-operative ("co-op"), an association of persons who cooperate for their mutual social, economic, and cultural benefit ** Housing c ...

. InWear, Matinique, Part Two and Soaked in Luxury were sold in 2014 to

DK Company DK Company is a clothing company based in Ikast, Denmark, with two additional divisions in Vejle and Copenhagen. Founded in 2001, DK Company has, with 2,400 employees and 450 retail stores, grown to become one of Europe's leading suppliers of fas ...

. The company subsequently changed its name to IC Group. In June 2018, Peak Performance was sold to Amer Sports Corporation In January 2019, the IC Group announced it will be selling its Saint Tropez fashion brand to

. 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. This decision comes shortly after another IC investor, Nordea Funds Ltd, cut its holding to zero. In June 2019, the IC Group announced it will be initiating organizational changes and store closures at their Tiger of Sweden brand. 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.

Brands

* By Malene Birger * Designers Remix * Tiger of Sweden

References

{{reflist

External links

Official website
Clothing companies of Denmark Clothing companies based in Copenhagen Clothing companies established in 2001 Danish companies established in 2001