Cherokee Brands’ net income was $63,000 in the third quarter against a loss of $2,520,000 on 25% lower licensing revenues of $5,842,000 down from $7,796,000 caused by the transition of the Tony Hawk, Cherokee, and the Liz Lange brands to a wholesale licensing model. The Hi-Tec brand portfolio had $3.0 million in royalty revenues, down slightly from $3.1 million ... Log in to view full article.
