All Hi-Tec articles

  • Apex-Logo
    Article

    Apex’s sales down by 17%

    2020-12-16T11:59:00Z

    Lower licensee sales due to the pandemic, and the non-renewal of certain Cherokee brand licensing deals, weighed on the revenues of Apex Global Brands , previously called Cherokee Global Brands . Sales for the parent company of Hi-Tec , Magnum , and Tony Hawk dropped by 17 ...

  • Apex-Logo
    Article

    Apex’s revenues drop by 20%

    2020-06-18T12:05:00Z

    Lower global licensee sales due to the coronavirus crisis weighed on the results of California-based Apex Global Brands , previously called Cherokee Global Brands . It saw revenues for its first fiscal quarter ended on May 2, 2020 fall by 20 percent to $4.0 million, as royalty revenues from ...

  • Apex-Logo
    Article

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

    2020-05-09T06:18:00Z

    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 ...

  • News briefs

    Apex Global Brands reported a 16 percent decline in revenues

    2020-01-22T10:56:00Z

    (SGI) Apex Global Brands reported a 16 percent decline in revenues to just $4.9 million for the third quarter ended on Nov. 2. Lower licensing revenues were recorded across all its brands, including Hi-Tec, Magnum , Cherokee and Interceptor , and they were affected by the ...