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Owner Of Candies, London Fog Could Buy Playboy

“Iconix, the owner of the Candie’s and London Fog clothing brands, has looked at Chicago-based Playboy’s finances, said one of the people, who declined to be identified. The discussions may not lead to a transaction, the person said. Playboy’s market value had dropped to about $100 million before today as circulation plunged at the namesake magazine Hugh Hefner started in December 1953 with photos of Marilyn Monroe.” Link