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...

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...

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...

BusinessFeatured

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,...

Retail

Cherokee to launch kids’ brand in India

Cherokee Global Brands, already having Mossimo, Sideout, Cherokee and Carole Little brands under its fold is set to launch a new children's wear brand in India this August. Called Point Cove - California Clothing Company, Cherokee will display brand’s latest offerings at Licensing Expo in Las Vegas this month. The brand has been developed by...

Fashion

Cherokee partners with Reliance Retail to spread brand

Cherokee Global Brands has entered into a strategic partnership with Reliance Retail, a subsidiary of Reliance Industries. This long-term partnership centers on a recently developed brand concept to be launched in India through Reliance Trends, the apparel and accessories specialty format of Reliance Retail. The brand will be subsequently...

Apparel

Cherokee inks license agreement with Mom & Me

Cherokee, the global marketer of style-focused lifestyle brands, has announced it has entered into a retail license agreement for its Liz Lange Maternity brand with Mahindra Retail’s flagship retail stores, Mom & Me. Liz Lange Maternity will be available at all Mom & Me outlets throughout India as well as e-commerce portal. Mom & Me is Mahindra’...

Apparel

Cherokee FY’13 revenues up 3.7 percent

Cherokee reported financial results for the fourth quarter and full year ended February 2, 2013. For Fiscal Year 2013, net revenues totalled 26.6 million dollars (Rs 142.8 crores), an increase of 3.7 percent, from 25.6 million dollars (Rs 137.3 crores) in the prior year period. SG&A expenses totalled 15.5 million dollars (Rs 83.2 crores), up...

Fashion

Cherokee aims to cross Rs 100 cr mark this fiscal

Cherokee the brand for a whole range of men’s, women’s, kids’ apparels and non-apparels like luggage, home, men’s accessories and ladies handbags, recorded a sales turnover of Rs 80 crores in India last year. Commenting on the target for Cherokee, Venkatachalapathy K E, CEO, Arvind Retail, says, “It will cross the Rs 100 crores mark this fiscal...

Apparel

Cherokee reports 12 percent rise in Q3 revenues

Cherokee’s net revenues for the third quarter ended October 27, 2012 were $6.7 million (Rs 36 crores), up from $6.0 million (Rs 32 crores) in the prior-year period. The higher revenues in the quarter were driven by increased sales of Cherokee-branded products at Target and year-to-date progress at Zellers Canada. Together these revenues more...

Apparel

Fall in Cherokee Q2 net revenue

Cherokee, a global brand management company, reported its net revenues for the second quarter of 2012 were 6.3 million dollars (Rs 35 crores), down from 6.7 million dollars (Rs 37 crores) in the prior-year period. SG&A expenses for the second quarter totaled 3.64 million dollars (Rs 20 crore), a decrease from 3.95 million dollars (Rs 21 crores)...

Apparel

Cherokee’s Q1 net revenue grows to $7.5 mln

Cherokee reported its financial results for the first quarter ended April 28, 2012. Net revenues were reported to have grown to $7.5 million (Rs 41 crores) from $6.9 million (Rs 38 crores) in the prior year period. SG&A expenses totaled $4.2 million (Rs 23 crores), an increase from $3.3 million (Rs 18 crores) in the prior year quarter. Net...