Hmm, Emma not sure that’s entirely accurate. Maybe I am misinterpreting the relationship but I think at least the way I read our entry from the label resource, the David Crystal Company first acquired the rights to use the Izod name from Jack Izod and then later, to Lacoste via an agreement with Lacoste. They had licensing for other labels too.
“In 1952 Lacoste signed an agreement with the David Crystal Company to import, and in 1966 to make, Lacoste shirts in the United States. Because David Crystal was also the owner of the Izod and Haymaker labels, the crocodile is seen on garments with quite a few different labels.
This makes the label very confusing. Just remember that between 1952 and 1992 these shirts and dresses were made with a large variety of labels including Lacoste, Haymaker, Izod and David Crystal, and with different combinations of the names on the label.”