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 executive edition of The Outdoor Industry Compass - the must-read for all leaders and decision makers in the industry
  • Open and full access to oicompass.com - all insights, research and analysis available online
  • Weekly E-mail update with a summary of the most important industry developments
  • Indepth analysis and case studies
  • Upgrade your market knowledge
  • Benchmark yourself against the market and competitors
  • Find inspiration to drive your business forward

For team and company-wide membership and enquiries see our corporate membership page.