Cherokee Global Brands news and archive

Cherokee Global Brands: Q4 and full year revenues decline

Cherokee Global Brands, for its fourth quarter and fiscal year ended February 2, 2019, reported revenues of 6.1 million dollars, a decrease of 11 percent, which the company said, largely reflects the expiration or non-renewal of several licensing agreements. These declines were partially offset by revenues from the company’s new multi-year...

Business

Cherokee Global Brands signs new Tony Hawk license with Batra Group

The Batra Group and Cherokee Global Brands hasve jointly announced a new license agreement for the Tony Hawk brand, for apparel and accessories in Europe, Middle East and Africa. The companies said, line will debut in influential top tier fashion stores and specialty skate stores. Commenting on the development, Tony Hawk, said in a statement: “...

Business

Cherokee Q3 revenues decline but posts rise in profit

Third quarter revenues at Cherokee Global Brands decreased 25 percent to 5.8 million dollars in the third quarter, as the company said, it continues to transition from its DTR licenses to new wholesale licensing partners in the United States, which was partially offset by revenues from the company’s new product development and design agreement....

Business

Cherokee Global Brands: Q4 net loss widens to 45.6 mn dollars

Revenues at Cherokee Global Brands for the fourth quarter were 6.9 million dollars from continuing operations, while net loss of 45.6 million dollars or 3.26 dollars per diluted share, the company said, reflected the impact of a one-time impairment charge of 35.5 million dollars against 11.1 million dollars or 0.96 dollar last year. For the full...