Lee Cooper ECONOMIC

Target: Lee Cooper Research date: 22 October 2026 Evidence period: 1908–2026 Scope: International brand ownership, Israeli operating entities, licensing, investment, retail distribution, sourcing, and potential occupied-territory activity.

Supply Chain & Sourcing Relationships

Business model and licensing

[pre-2020] Iconix Brand Group’s 2013 acquisition announcement described Lee Cooper as a licensing business operating through 35 international licensees, including Landmark Group in the Middle East, with approximately $14 million in anticipated annual royalty revenue and approximately $500 million in global retail sales; these figures are historical and current comparable figures are unavailable.¹

Iconix’s 2020 Form 10-K identifies Brill Fashion as the Lee Cooper licensee within Iconix Israel’s commercial arrangements, establishing a documented relationship between the international brand group and an Israeli operating business as of 2020.²

Lee Cooper’s international website identifies separate commercial partners across product categories and geographical territories, including apparel, watches, footwear, and workwear, reflecting a geographically distributed licensing and distribution structure as publicly described in 2026.³

Israeli retail sourcing and distribution

Lee Cooper Israel’s official website identifies jeans and fashion apparel for men, women, and children as its principal merchandise categories and describes an Israeli retail network of approximately 40 branches in its publicly available company profile.⁴

The Israeli website’s terms identify Brill Shoe Industries Ltd., Israeli company number 520038647, as the website operator, with a registered office at 20 Yaakov Freiman Street, Rishon LeZion; the website therefore documents a named Israeli commercial operator for the branded online store in 2026.⁵

Historical Israeli accessories relationship

[pre-2020] In August 2009, Israeli reporting identified Planet Time Group as the recipient of an international franchise to produce and market Lee Cooper watches, describing NIS 1.5 million of planned expenditure on Israeli-market entry and distribution; present manufacturing arrangements under that original licence remain unconfirmed.⁶

[pre-2020] The same report identified Eliyahu Hollander and Jacques Beer as owners of Planet Time Group and stated that watches were intended for sale through Lee Cooper stores internationally, establishing the historical commercial scope rather than proof of current worldwide manufacture.⁶

Direct Israeli agricultural suppliers

No public evidence identified of Lee Cooper purchasing agricultural products from Mehadrin, Hadiklaim, Galilee Export, Agrexco successors, or comparable Israeli agricultural exporters.

Importer of record

No public evidence identified of a named Lee Cooper-owned Israeli importer of record, customs-registration structure, or dedicated import joint venture.

Seasonal sourcing

No public evidence identified of recurring seasonal procurement from Israeli suppliers during December–April or other agricultural purchasing windows.

Third-party and indirect sourcing

The 2026 Israeli retail website and its named Brill operator establish local third-party retail distribution of Lee Cooper-branded merchandise, although they do not disclose the origin of the garments, the upstream manufacturers, or the identities of importers and wholesale intermediaries.^{4, 5}

Manufacturing and supplier geography

Lee Cooper’s historical company account documents garment production in London’s East End and identifies selected East London manufacture in its later premium product range; this does not establish the origin of goods currently distributed by the Israeli franchise.⁷

No public evidence identified of a current Israeli garment factory owned or directly operated by the international Lee Cooper brand holder.

Contractual supply and territorial rights

[pre-2020] Iconix’s SEC filing describes the November 2013 contribution of controlled brand rights for Israel, the West Bank and Gaza Strip to Iconix Israel LLC under an exclusive, royalty-free, perpetual master licence; this identifies the joint venture’s contractual territory and the royalty treatment of the parent-to-joint-venture master licence at that time.²

[pre-2020] The SEC filing identifies M.G.S. Sports Trading Limited as the purchaser of a 50% interest in Iconix Israel for approximately $3.4 million and identifies the Lee Cooper licence with Brill Fashion among the joint venture’s licensing arrangements.²

Brill’s public exchange-announcement index records a 22 July 2025 announcement concerning extension of the international Lee Cooper franchise, establishing a subsequent formal contractual event.⁸

The 2020 SEC filing establishes the historical territorial licence structure, but it does not disclose the complete financial terms of the July 2025 renewal.^{2, 8}

No public evidence identified of independently verified minimum purchase commitments, current royalty percentages, guaranteed annual payments, or specific logistics commitments under the renewed franchise.

Product-category licensing and inventory supply

On 30 November 2025, Brill Shoe Industries reported a NIS 2.7 million claim by Expose Fashion Ltd., case 82414-11-25, concerning Lee Cooper-branded underwear and swimwear; Expose alleged that it held the exclusive Israeli licence for those product categories.⁹

Expose alleged that Brill had sold Lee Cooper-branded underwear without authorisation and thereby caused Expose lost revenue and the loss of its exclusive licence; these were allegations stated in the claim rather than established judicial findings.⁹

On 31 December 2025, Brill disclosed that a court-approved settlement required it to purchase NIS 800,000 plus VAT in inventory from Expose Fashion, with the lawsuit withdrawn and all claims settled.¹⁰

Brill stated that it would resell the acquired inventory during its ordinary business operations, establishing a direct commercial inventory-transfer arrangement between the two Israeli companies.¹⁰

The disclosed settlement establishes the acquisition of existing inventory by Brill but does not identify the original manufacturer, country of origin, import channel, or upstream supplier of those goods.¹⁰

No public evidence identified of a verified current direct Israeli textile-manufacturing agreement arising from the Expose settlement.

Brill Group’s published financial-results announcement of 13 November 2025 confirms that its Lee Cooper franchise was renewed in July 2025 on an exclusive basis for Israel and the territories administered by the Palestinian Authority (שטחי הרש”פ). The renewal provides five additional years beginning 1 January 2026, with an option for one further five-year extension. The initial renewed term therefore runs through 31 December 2030, potentially extending through 31 December 2035 if the option is exercised. This confirms and materially expands the existing audit statement under “Contractual supply and territorial rights” that Brill’s 22 July 2025 exchange announcement documented a franchise extension. It establishes exclusivity, contractual duration, commencement date and territorial coverage that the existing audit did not specify. The disclosure does not establish that the additional option has already been exercised.^{11, 8}

Product Origin, Labeling & Regulatory Compliance

Documented merchandise categories

Lee Cooper Israel’s official online store markets jeans, shirts, trousers, jackets, footwear, swimwear, and children’s clothing, establishing the apparel and accessories scope of its current Israeli retail offering.⁴

Settlement-origin products

No public evidence identified of Lee Cooper goods confirmed to originate from settlement manufacturing facilities in the West Bank, East Jerusalem, or the occupied Golan Heights.

Country-of-origin declarations

No public evidence identified of verified customs declarations establishing Israeli or settlement origin for particular Lee Cooper clothing collections.

Regulatory findings

No public evidence identified of a DEFRA, UK customs, Israeli regulatory, or other governmental enforcement action concerning Lee Cooper’s country-of-origin labelling of settlement-produced goods.

Corporate labelling policy

No public evidence identified of a Lee Cooper corporate sourcing or labelling policy specifically addressing goods manufactured in Israeli settlements or other occupied territories.

Retail geographic disclosure

The current Israeli store directory expressly identifies a Lee Cooper location in Beit Hanina, Jerusalem, at 2 Jisr al-Nasf; the listing establishes a named commercial location but does not itself resolve the property’s precise position relative to the pre-1967 boundary.¹²

Contractual territorial coverage

[pre-2020] Iconix’s 2020 SEC filing defines the original Iconix Israel licence territory as Israel, the West Bank and Gaza Strip, documenting the inclusion of those geographic areas within the contractual brand-rights framework.²

The contractual definition does not identify where individual products were manufactured or establish that particular inventory originated in an Israeli settlement.²

Product-category rights and allegations

Expose Fashion’s November 2025 complaint alleged exclusive Israeli marketing rights for Lee Cooper underwear and swimwear and challenged Brill’s sale of underwear bearing the brand.⁹

The December 2025 court-approved settlement resolved the reported litigation through an inventory purchase and withdrawal of claims, without the published disclosure recording a judicial determination of unauthorised brand use.¹⁰

No public evidence identified of a customs-origin or settlement-labelling investigation connected with that litigation.

Investment, Capital & Financial Exposure

Acquisition of the Lee Cooper brand

[pre-2020] On 20 February 2013, Iconix Brand Group announced the acquisition of Lee Cooper for $72 million in cash through Iconix Luxembourg Holdings Sarl, establishing the brand’s acquisition by a United States-based brand-management group through a Luxembourg acquisition entity.¹

Direct investment in Israel

Iconix Brand Group’s 2020 Form 10-K records the formation of Iconix Israel in December 2013 and an Iconix equity interest of 50% at 31 December 2020, establishing a direct investment by Lee Cooper’s parent group in an Israeli joint venture.²

The same filing identifies the Lee Cooper licence with Brill Fashion among Iconix Israel’s commercial agreements and also describes licensed Umbro, Ocean Pacific, and Danskin distribution through MGS and affiliated companies, establishing that the Israeli joint venture served several brands rather than Lee Cooper alone.²

Iconix’s 2020 filing included Iconix Israel among its consolidated joint ventures for financial-reporting purposes, although the latest publicly verified ownership percentage and joint-venture governance arrangements were not established.²

Joint-venture investment and effective control

[pre-2020] Iconix’s 2020 Form 10-K states that M.G.S. Sports Trading Limited acquired 50% of Iconix Israel for approximately $3.4 million following the initial 2013 transfer of brand rights to the joint venture.²

[pre-2020] In December 2016, Iconix amended the joint-venture agreement to secure sole discretion and power over the activities most significantly affecting Iconix Israel’s economic performance.²

Iconix’s 2020 filing identifies Iconix as the administrative manager and MGS as the local manager responsible for day-to-day commercial activity and licensee development.²

The 2020 filing identifies Iconix as the primary beneficiary of the joint venture for US financial-reporting purposes and explains that Iconix consolidated Iconix Israel under the applicable variable-interest-entity accounting rules.²

The filing establishes historical operational control and consolidation despite Iconix’s 50% ownership interest; the equivalent October 2026 governance and ownership position has not been independently verified.²

Israeli franchise restructuring

[pre-2020] A January 2011 announcement identified Brill Group’s acquisition of the previous Israeli Lee Cooper business and the establishment of Brill Fashion to absorb the retail operation; the announcement described approximately 35 stores at that time.¹³

[pre-2020] In November 2010, Globes reported that the preceding franchise operator, Concept Fashion Products Marketing Ltd., had resolved to close its 36-store Israeli network after financial difficulties, with approximately 350 employees affected; this was a historical franchise restructuring rather than the termination of all subsequent Lee Cooper operations in Israel.¹⁴

Physical retail investment

In July 2020, the Jerusalem Post reported four new Lee Cooper and Lee Cooper Kids branches in Beersheba and Acre-area shopping centres, with stated investment of approximately NIS 2 million; the report identified Brill Group as the Israeli operator.¹⁵

Current marketing investment

A 2026 Israeli report identified approximately NIS 1.5 million in planned campaign expenditure for Lee Cooper’s summer 2026 promotional activity involving Israeli musician Ofek Adank, with Brill Group identified as the Israeli marketer.¹⁶

Parent acquisition and financing

On 2 August 2021, a filing with the United States Securities and Exchange Commission announced the successful tender offer by an acquisition vehicle affiliated with Lancer Capital for Iconix Brand Group shares at $3.15 per share, with approximately 56.3% of outstanding shares tendered at the offer deadline.¹⁷

Silver Point Finance announced in September 2021 that it had provided a debt-financing commitment supporting the Lancer Capital affiliate’s acquisition of Iconix Brand Group, whose portfolio included Lee Cooper.¹⁸

Iconix’s corporate website stated in March 2022 that it had completed the acquisition of remaining interests in Iconix MENA, Iconix Europe, and Iconix Southeast Asia, expressly excluding Lee Cooper, Umbro, and Buffalo David Bitton in Europe from the regional transaction’s brand coverage.¹⁹

Acquired Israeli subsidiaries

The 2020 Iconix filing identifies a 50% interest in the Israeli Iconix Israel joint venture and its brand-licensing operations; it does not establish that Lee Cooper acquired Brill Fashion or a controlling stake in an Israeli garment manufacturer.²

The same SEC filing establishes that Iconix exercised contractual control sufficient for consolidation of Iconix Israel, while identifying the entity as an Israeli brand-licensing joint venture rather than an acquired manufacturing enterprise.²

No public evidence identified of Lee Cooper acquiring and controlling a named Israeli manufacturing, technology, pharmaceutical, agricultural, infrastructure, or defence company.

Israeli subsidiaries and manufacturing

No public evidence identified of a wholly owned Lee Cooper garment-manufacturing subsidiary operating in Israel.

Research and development

No public evidence identified of Lee Cooper research laboratories, product-development centres, technology accelerators, or R&D facilities in Israel.

Portfolio investments

No public evidence identified of Lee Cooper or its parent holding Israeli sovereign bonds, Israel-focused funds, or disclosed passive equity investments in Israeli-domiciled issuers.

Controlling-principal investments

The 2021 Iconix acquisition reporting identifies Lancer Capital and Avram Glazer in the parent-group ownership history, but the reviewed transaction evidence does not disclose a material personal investment by Glazer in a named Israeli company.²⁰

No public evidence identified of material Israeli corporate investments held personally through identified Lee Cooper founders, Iconix executives, directors, or controlling principals.

Financing the Israeli state

No public evidence identified of Lee Cooper underwriting Israeli sovereign debt, distributing Israel Bonds, providing direct loans to Israeli defence companies, or underwriting Israeli state or military insurance arrangements.

Renewed franchise and commercial obligations

The 22 July 2025 Brill exchange-announcement listing establishes that the Lee Cooper international franchise was formally extended after the 2024 international judicial developments.⁸

No public evidence identified of independently retrievable financial schedules disclosing the current franchise’s guaranteed payments, minimum purchasing obligations, or royalty percentages.

Settlement-related capital deployment

[pre-2020] The historical Iconix Israel master-licence arrangement included brand rights over the West Bank and Gaza Strip; the SEC disclosure describes licensing rights and a joint-venture investment without allocating capital expenditure to individual settlements.²

No public evidence identified of a Lee Cooper-owned factory, warehouse, logistics hub or real-estate investment in a named West Bank or Golan Heights settlement.

Operational Presence & Market Activity

Current Israeli retail footprint

Lee Cooper Israel’s official website describes approximately 40 operating branches and presents the brand as an established national denim and fashion retailer; this description is available on the company’s website in 2026.⁴

The current official store directory includes named Lee Cooper and Lee Cooper Kids locations in Beersheba, Haifa, Hadera, Tiberias, Dimona, Karmiel, Nahariya, Nazareth area, Eilat, and Jerusalem, alongside additional retail locations.¹²

A 2026 marketing report described the Israeli Lee Cooper operation as a 42-branch network under Brill Group, providing a more recent reported branch count than the approximate number on the company’s corporate profile.¹⁶

Israeli corporate operating entity

The current Lee Cooper Israel website identifies Brill Shoe Industries Ltd. as the online-store operator, confirming an Israeli-registered commercial entity associated with retail sales of the brand.⁵

Marketing and advertising services

Havas Israel publishes a Lee Cooper campaign case study describing a summer collection campaign directed at the brand’s male customer segment in Israel; the page does not identify a date establishing whether the same advertising relationship remains active in 2026.²¹

The 2026 summer campaign involving Ofek Adank and approximately NIS 1.5 million of stated marketing expenditure demonstrates commercial promotional activity continuing during 2026.¹⁶

Occupied-territory retail presence

The official directory lists a Lee Cooper branch in Beit Hanina, Jerusalem, establishing a specific location requiring geographic assessment within the East Jerusalem area.¹²

No public evidence identified of a named Lee Cooper-operated branch in Ariel, Ma’ale Adumim, or Katzrin in the current official directory.

No public evidence identified establishing a particular Lee Cooper retail premises inside a named West Bank settlement or Golan Heights settlement.

Historical Israeli employment

[pre-2020] The November 2010 report concerning the former Concept-operated franchise recorded approximately 350 employees affected by the proposed closure; that workforce figure relates to the former operator and is not a current Brill employment figure.¹⁴

Current employment

No public evidence identified of a separately disclosed 2026 workforce total for Lee Cooper’s Israeli franchise.

Israeli taxation and registration

Lee Cooper Israel’s current website terms identify Israeli company number 520038647 for Brill Shoe Industries Ltd. and a registered address in Rishon LeZion, establishing the identified operator’s corporate registration details.⁵

No public evidence identified of an independently disclosed Lee Cooper-specific Israeli income-tax contribution or consolidated effective tax rate.

Strategic market positioning

The 2026 Israeli campaign announcement describes a national marketing initiative spanning outdoor advertising, digital channels, social media, and retail locations, establishing continuing investment in the Israeli consumer market.¹⁶

Constructive-notice chronology

The official Israeli website and 2026 promotional reporting document continued Lee Cooper-branded Israeli retail and marketing activity after 19 July 2024 and after November 2024.^{4, 16}

Brill’s exchange-announcement index independently identifies the July 2025 extension of the Lee Cooper franchise, demonstrating the continuation of the contractual commercial relationship after both dates.⁸

Historical and renewed territorial rights

[pre-2020] Iconix’s SEC filing expressly defines the historical Iconix Israel licence territory as Israel, the West Bank and Gaza Strip.²

The official financial-announcement index records a subsequent Lee Cooper franchise-extension event on 22 July 2025.⁸

No public evidence identified establishing completed Lee Cooper sales to a named West Bank settlement or the occupied Golan Heights under the renewed agreement.

November–December 2025 licensing dispute

On 30 November 2025, Brill publicly disclosed a claim by Expose Fashion Ltd. alleging unauthorised sale of Lee Cooper underwear and interference with Expose’s claimed exclusive underwear and swimwear rights.⁹

On 31 December 2025, Brill disclosed the resolution of those proceedings through a court-approved settlement and inventory acquisition.¹⁰

The filings demonstrate continuing commercial activity and product-category licensing arrangements during the final quarter of 2025.^{9, 10}

Subsequent financial performance of the Israeli operator

Brill Group’s publicly reproduced consolidated quarterly financial data records revenue of NIS 126.381 million in Q2 2025, NIS 145.713 million in Q3 2025, NIS 143.080 million in Q4 2025, NIS 119.433 million in Q1 2026 and NIS 133.670 million in Q2 2026; these figures cover the wider listed group, including brands other than Lee Cooper.²²

The corresponding consolidated operating-profit figures were NIS 2.407 million, NIS 6.843 million, NIS 4.619 million, NIS 0.198 million and NIS 8.721 million respectively.²²

The same reporting shows consolidated net losses of approximately NIS 7.416 million in Q2 2025, NIS 4.738 million in Q4 2025 and NIS 6.095 million in Q1 2026, alongside net profits of approximately NIS 0.355 million in Q3 2025 and NIS 1.774 million in Q2 2026.²²

The figures establish the wider Brill Group’s continuing commercial activity through June 2026 but do not identify Lee Cooper-only revenue or profit for those quarters.²²

Lee Cooper-related segment reporting

An August 2025 financial report identified approximately NIS 30.6 million in Q2 2025 revenue and NIS 1.37 million in operating profit for Brill’s S.B.N. segment, compared with approximately NIS 35.5 million in revenue and NIS 1.5 million in operating profit in Q2 2024; the report associates the segment with Lee Cooper but does not establish that the entire segment is exclusively attributable to that brand.²³

The same report separately identified the fashion segment’s revenue of approximately NIS 20.9 million and operating loss of approximately NIS 2.28 million in Q2 2025.²³

No public evidence identified establishing the reporting quarter underlying the separately cited July 2025 figures of approximately NIS 26 million in Lee Cooper sales and NIS 1.5 million in operating profit.

Corporate Structure & Foundational Ties

Founding history

[pre-2020] Lee Cooper traces its founding to 1908 in London’s East End, where Morris Cooper established a workwear manufacturing operation; the company’s history identifies Britain as the brand’s place of origin.⁷

[pre-2020] Lee Cooper’s historical account describes production of uniforms for British forces during the First World War, followed by the company’s subsequent development into denim and fashion clothing.⁷

Israeli-Nexus Floor: founding jurisdiction

Lee Cooper’s corporate history identifies London, England, as its founding location in 1908; no Israeli founding or original Israeli incorporation is documented.⁷

Israeli-Nexus Floor: headquarters

Lee Cooper’s international contacts website identifies Lee Cooper Brands as its principal headquarters contact and separately lists territorial licensees; the current public materials do not establish Israel as the headquarters or principal management location of the international brand holder.³

Israeli-Nexus Floor: tax residency

No public evidence identified that the international Lee Cooper brand holder is an Israeli tax resident or has Preferred Technology Enterprise status.

Israeli-Nexus Floor: Israeli beneficial ownership or control

Iconix’s 2020 SEC filing identifies its 50% investment in Iconix Israel but does not describe Israeli investors holding controlling ownership of the international Lee Cooper brand.²

No public evidence identified establishing Israeli beneficial control of Lee Cooper’s international brand ownership.

Parent-group structure

Iconix International’s corporate description identifies the business as a global brand-management and intellectual-property licensing platform, with operating and retail partners providing territorial distribution.²⁴

The Iconix International EMEA website lists Lee Cooper within its fashion-brand portfolio, confirming its position within the group’s publicly described brand-management operations.²⁵

Ownership history

Iconix’s 2020 Form 10-K documents its ownership of the Lee Cooper brand and its investment in Iconix Israel, providing regulatory evidence of the brand’s parent-group structure before the 2021 privatization.²

The August 2021 SEC acquisition announcement identifies Iconix Acquisition LLC and an affiliate of Lancer Capital as the entities involved in the transaction to acquire Iconix Brand Group.¹⁷

Contemporary 2021 transaction reporting identified Avram Glazer as an individual associated with Lancer Capital and described the transaction’s enterprise value as approximately $585 million including debt.²⁰

Israeli franchise governance

[pre-2020] The January 2011 announcement identifies Brill Fashion as the Israeli subsidiary established by Brill Group to absorb the Lee Cooper retail operations after the previous franchise restructuring.¹³

Lee Cooper Israel’s current terms identify Brill Shoe Industries Ltd. as the website operator, providing evidence of the present named legal entity responsible for the Israeli online retail channel.⁵

Acquired-identity examination

Iconix’s SEC filing distinguishes the 50%-owned Iconix Israel joint venture from the Lee Cooper brand asset and from the separately licensed Brill Fashion business; the filing does not establish an acquisition of Brill itself.²

No public evidence identified of Lee Cooper having acquired an Israeli-origin manufacturer or technology business whose operations are now controlled as a Lee Cooper subsidiary.

Historical joint-venture governance

[pre-2020] Iconix formed Iconix Israel in November 2013 and subsequently transferred a 50% ownership interest to M.G.S. Sports Trading Limited for approximately $3.4 million.²

[pre-2020] The joint venture received an exclusive, royalty-free and perpetual master licence covering Israel, the West Bank and Gaza Strip, with MGS assuming local commercial-management responsibilities.²

[pre-2020] A December 2016 contractual amendment gave Iconix sole discretion over the activities most significantly affecting the joint venture’s economic performance.²

The 2020 SEC filing identifies Iconix as the primary beneficiary of Iconix Israel and records its consolidation of the joint venture for financial-reporting purposes.²

No public evidence identified of a verified October 2026 joint-venture ownership percentage or complete current voting-rights agreement.

Israeli licensing rights by product category

The November 2025 Expose Fashion proceedings record a dispute involving the claimed exclusive right to market Lee Cooper underwear and swimwear in Israel, demonstrating that licensing rights were addressed at a product-category level.⁹

The December 2025 settlement records the purchase of inventory and withdrawal of claims but does not provide a complete revised licensing agreement or identify all surviving category restrictions.¹⁰

State ownership

No public evidence identified of Israeli state ownership of the international Lee Cooper brand or of an Israeli government-appointed director.

State contracts

No public evidence identified of Israeli government procurement contracts involving Lee Cooper merchandise.

Structural governance

No public evidence identified of Israeli state golden shares, special voting rights, charter restrictions, or state-directed governance mechanisms within Lee Cooper’s international ownership structure.

Institutional designation

No public evidence identified of Lee Cooper being designated Israeli critical national infrastructure or a state-controlled strategic enterprise.

Profit Repatriation & Economic Contribution

International royalty model

[pre-2020] Iconix’s February 2013 acquisition announcement described Lee Cooper as a licensing business with approximately $14 million of anticipated annual royalty revenue from its international licensees; the amount was a global forecast and cannot be attributed specifically to Israel.¹

Iconix’s 2020 SEC filing confirms that its Israeli joint venture included the Brill Fashion licence for Lee Cooper, establishing a contractual channel through which the international brand group participated in Israeli brand licensing as of 2020.²

Direction of financial flows

The documented Lee Cooper–Brill licence and Iconix Israel joint-venture structure establish a commercial relationship between the Israeli operator and international brand ownership; the publicly reviewed documents do not quantify current royalty remittances, licence fees, distributions, or dividend flows.²

Israeli revenue attribution

No public evidence identified of a separately disclosed annual Lee Cooper Israel revenue figure for 2025 or 2026.

Historical Israeli franchise revenue

[pre-2020] Globes reported that the former Concept Fashion Products Marketing operation expected turnover of approximately NIS 110 million in 2010 after approximately NIS 250 million in 2009; the report also identifies activity outside Israel, so these figures must not be represented as Lee Cooper’s Israeli-market revenue alone.¹⁴

Retail capital deployment

In July 2020, the Israeli Lee Cooper operator announced approximately NIS 2 million of investment in four newly opened retail branches, documenting capital expenditure associated with the local retail footprint.¹⁵

Marketing expenditure

A 2026 Israeli report stated that Lee Cooper’s summer campaign featuring Ofek Adank involved approximately NIS 1.5 million in promotional expenditure, providing a contemporary example of spending in the Israeli consumer market.¹⁶

Historical Israeli accessories investment

[pre-2020] Planet Time Group’s 2009 Lee Cooper watch-franchise announcement described a planned NIS 1.5 million investment in establishing marketing and distribution for the watches in Israel; current expenditure under that historical agreement is unknown.⁶

Employment-related economic activity

[pre-2020] The former Israeli franchise operation reportedly employed approximately 350 people before the announced 2010 closure; no corresponding current Lee Cooper-specific employment total was verified.¹⁴

Current retail ecosystem participation

The official Israeli retail network and the 2026 promotional campaign establish continuing commercial transactions involving retail premises, branded apparel, advertising services, and local consumer sales.^{12, 16}

Sector positioning

Lee Cooper Israel’s corporate profile identifies the brand as an established national denim and fashion retailer with approximately 40 branches, providing the operator’s own description of its position in the Israeli apparel market.⁴

State financing and securities

No public evidence identified of Lee Cooper directly purchasing Israeli government bonds or acting as a sovereign-debt underwriter.

Corporate profit repatriation

No public evidence identified of a current disclosed amount of profits remitted from Brill’s Israeli Lee Cooper operations to Iconix, Lancer Capital, or another international beneficial owner.

Settlement-related revenue

No public evidence identified of separately disclosed Lee Cooper revenue attributable to West Bank settlements, East Jerusalem, or the occupied Golan Heights.

United Nations screening context

The United Nations Office at Geneva’s September 2025 presentation describes the OHCHR settlement-business database as covering specified business activities within Israeli settlements and identifies the reporting period of the 2025 update as 2 August 2019 to 30 April 2025; that database framework does not itself establish that every company trading commercially in Israel is engaged in listed settlement activities.²⁶

No verified entry identifying Lee Cooper or Brill as a listed OHCHR settlement enterprise was established in the reviewed material.

Parent-to-joint-venture financial arrangements

[pre-2020] Iconix’s SEC filing describes the original master licence transferring controlled brand rights to Iconix Israel as royalty-free and perpetual, a contractual arrangement distinct from the downstream commercial licence involving Brill Fashion.²

[pre-2020] The same filing identifies approximately $3.4 million paid by MGS for a 50% interest in Iconix Israel and records continuing administrative and local-management roles for the joint-venture partners.²

No public evidence identified of current 2026 dividend distributions, management fees or royalty remittances attributable specifically to Lee Cooper under that structure.

2025 licence renewal

The exchange-announcement index records a formal Lee Cooper franchise-extension announcement dated 22 July 2025.⁸

No public evidence identified of independently verified royalty schedules, guaranteed fees or minimum turnover obligations accompanying the renewed franchise.

2025 litigation and settlement obligations

On 30 November 2025, Brill disclosed a NIS 2.7 million claim by Expose Fashion concerning the marketing of Lee Cooper underwear and swimwear in Israel.⁹

On 31 December 2025, Brill reported a court-approved settlement requiring it to acquire NIS 800,000 plus VAT of inventory from Expose Fashion in exchange for withdrawal of proceedings and full settlement of the claimant’s demands.¹⁰

Brill stated that the purchased inventory would be sold in its ordinary business operations, identifying a direct inventory acquisition and subsequent intended retail or wholesale disposal.¹⁰

The published settlement does not establish that the NIS 800,000 purchase was a payment of international brand royalties or damages awarded following a judicial finding of infringement.¹⁰

Subsequent consolidated financial performance

Brill Group’s consolidated financial-data series reports Q2 2025 revenue of NIS 126.381 million and operating profit of NIS 2.407 million.²²

The same series reports Q3 2025 revenue of NIS 145.713 million and operating profit of NIS 6.843 million, followed by Q4 2025 revenue of NIS 143.080 million and operating profit of NIS 4.619 million.²²

For 2026, the available series reports Q1 revenue of NIS 119.433 million and operating profit of NIS 0.198 million, followed by Q2 revenue of NIS 133.670 million and operating profit of NIS 8.721 million.²²

These figures cover the consolidated Brill Group and cannot be attributed in full to Lee Cooper.²²

Lee Cooper-related operating segments

An August 2025 financial article reported that Brill’s S.B.N. segment, which it associated with Lee Cooper, generated approximately NIS 30.6 million in Q2 2025 revenue and NIS 1.37 million in operating profit, compared with approximately NIS 35.5 million and NIS 1.5 million respectively in Q2 2024.²³

The article separately reported weaker performance in Brill’s fashion segment, with Q2 2025 revenue of approximately NIS 20.9 million and an operating loss of approximately NIS 2.28 million.²³

The S.B.N. and fashion-segment disclosures cannot be combined or reassigned to Lee Cooper alone without further entity-level financial reconciliation.²³

No public evidence identified confirming the quarter underlying the July 2025 claim of approximately NIS 26 million in Lee Cooper sales and NIS 1.5 million in operating profit.

Economic activity after July and November 2024

The July 2025 franchise-extension announcement, November and December 2025 regulatory disclosures, and 2026 Israeli promotional activity establish continuing Lee Cooper-related commercial operations after both specified dates.^{8, 9, 10, 16}