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Article Date: June 2018
Word Count: 126

Hi-Tec Is Bright Spot for Cherokee Brands


Hi-Tec licensed revenues increased 58% in the first quarter ended May 5, but weakness elsewhere at the licensing company resulted in a loss of $2,741,000 against a loss of $3,259,000 on 21% lower revenues of $5,402,000 from $6,817,000. CHKE will focus entirely on its core licensing business after the divestiture of Flip Flop Shops, announced last week, but it remains under pressure from ... Log in to view full article.

 


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