Cherokee (CHKE) Misses Q2 EPS by 2c, Target Doesn't Renew License of Cherokee Brand

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Cherokee Global Brands Reports Second Quarter 2016 Financial Results

September 10, 2015 4:15 PM EDT

Target elects not to renew license of Cherokee brand in the U.S. which expires January 31, 2017 Q2 revenues of $8.5 million GAAP Net income totaled $1.9 million, or $0.22 per diluted share Acquired the Everyday California® Brand

SHERMAN OAKS, Calif., Sept. 10, 2015 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ: CHKE), a global brand marketing platform, today reported financial results for the second quarter Fiscal 2016 ended August 1, 2015.

Cherokee Global Brands also announced that Target Corporation has... More