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Article Date: April 2019
Word Count: 138

Hi-Tec Revenues Improve in Q4 for Cherokee


Licensing revenues from the Hi-Tec brand portfolio were up 12% in CHKE’s fiscal fourth quarter ended Feb. 2, but the non-renewal of other licensing agreements pulled down overall revenues 11% to $6,127,000 from $6,884,000. Net loss narrowed to $595,000 from a loss of $45,585,000 last year that included a $35.5 million goodwill impairment charge. For the full year, Hi-Tec portfolio licensing revenues were up 20% to $11.6 million, although ... Log in to view full article.

 


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