Iconix Brand Group has raised US$152.9m from a public offering. The company, which owns and licenses brands including Candie's, Joe Boxer, Mossimo and Ocean Pacific, said it may use the proceeds for acquisitions.

In a statement, Iconix said that it had closed the public offering of 11.5m shares of its common stock at a price to the public of $15.00 per share.

The company said: "Iconix intends to use the net proceeds of the offering for general corporate purposes, which may include, among other things, funding acquisitions."

The total number of shares sold included 1.5m shares of common stock sold in connection with the full exercise of the option to purchase additional shares granted to the underwriters.

Barclays Capital Inc and Lazard Capital Markets LLC acted as joint book-running managers for the offering, with Credit Suisse Securities (USA) LLC acting as the co-manager for the offering.