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Article
Apex’s sales down by 17%
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 percent to $4.1 million for its third ...
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News briefs
Apex Global Brands reported a 16 percent decline in revenues
(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 non-renewal of a Cherokee license in ...