Iconix Brand Group Inc has renewed the license agreement with Target Corporation for its Mossimo brand through to 31 January 2012.

Mossimo has been licensed exclusively to Target in the US through a direct-to-retail license agreement since 2000.

Neil Cole, Iconix chairman and CEO , said: "Target is a great partner and has helped grow Mossimo into one of the largest apparel brands in the United States."

Iconix also owns, licenses and markets brands such as Candie's, Badgley Mischka, London Fog, Roca Wear and Joe Boxer.