Hi-Tec’s weak international sales weigh on Apex’s revenues


California-based Apex Global Brands, previously called Cherokee Global Brands, saw revenues for its fourth fiscal quarter ended on Feb. 1, 2020 fall by 10 percent to $5.5 million, as Hi-Tec and Magnum royalty revenues declined internationally. The management blamed this on the uncertainty surrounding Brexit and exchange rate fluctuations.

This is professional content

If you are already subscriber to The Outdoor Industry Compass, sign in here


Become a member today for just €31 a month

Your membership benefits:

  • Our cutting-edge international business newsletter The Outdoor Industry Compass (PDF)
  • Unlimited news articles per month on oicompass.com
  • Access to over 10,000 articles and analyses in the archive
  • Personal library to save articles and track your key content
  • Powerful search and intuitive navigation
  • and much more

For corporate membership and enquiries see our corporate membership page.