Cherokee news and archive

Apex Global Brands Q3 revenues decrease 17 percent

Apex Global Brands revenues were 4.1 million dollars in the third quarter, a decrease of 17 percent reflecting the non-renewal of certain licenses and the decrease in sales of licensees’ products stemming from the Covid-19 pandemic. For the first nine months, revenues totalled 12.5 million dollars, a decrease of 20 percent from 15.5 million...

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Fashion

Apex Global Brands' Q1 sales decline 20 percent

For its first quarter, Apex Global Brands reported revenues of 4 million dollars, a decrease of 20 percent from 5.1 million dollars in the first quarter of the prior year. The decline in first quarter revenues, the company said in a statement, reflects the non-renewal of Apex’s Cherokee license in Japan and the decrease in sales by the company’s...

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Business

Apex Global Brands swings to Q4 loss of 1.1 million dollars

Apex Global Brands reported revenues of 5.5 million dollars for the fourth quarter, a decrease of 10 percent, while full year revenues totalled 21 million dollars, a decrease of 14 percent from the prior year. Net loss was 1.1 million dollars for the fourth quarter or a loss of 21 cents per diluted share, compared to net income of 0.2 million...

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Business

Apex Global Brands reports Q3 loss; revenues drop 16 percent

Apex Global Brands, for its third quarter of fiscal 2020, reported revenues of 4.9 million dollars, a decrease of 16 percent compared to the same quarter in the prior year. On a year-to-date basis, revenues were 15.5 million dollars for the first nine months, a decrease of 15 percent reflecting decreases in royalties from the company’s Cherokee,...

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Cherokee appoints two new independent directors on its board

Cherokee Global Brands has appointed Carol Baiocchi and Susan Engel as independent directors on its board of directors, effective February 21, 2017. Baiocchi will serve as a member of the Compensation Committee and Engel will join the Audit Committee. The company also announced that long-term board member Timothy Ewing has stepped down as a...