Merger talks between Kenneth Cole (KCP -5.6%), seller of trendy shoes, and Iconix (ICON +1%),...

|About: Kenneth Cole Productions Inc. (KCP)|By:, SA News Editor

Merger talks between Kenneth Cole (KCP -5.6%), seller of trendy shoes, and Iconix (ICON +1%), the licensing company run by Cole’s brother Neil, have stalled and are unlikely to resume soon, DealBook reports. As a licensing company, Iconix does not typically run physical stores, and winding down KCP’s 110 stores would clamp down on 40% of Iconix's revenues.