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Cherokee Inc (CHKE.OQ)

CHKE.OQ on NASDAQ Stock Exchange Global Select Market

7.55USD
22 Mar 2017
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$0.15 (+2.03%)
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Latest Key Developments (Source: Significant Developments)

Cherokee Inc enters into Hi-Tec acquisition documents
Tuesday, 29 Nov 2016 08:45am EST 

Cherokee Inc : Cherokee Inc announces entry into Hi-Tec acquisition documents and pricing of public offering of common stock . Cherokee Inc - deal for an aggregate cash purchase price of approximately $95.8 million on a cash-free debt-free basis . Cherokee Inc - has priced an underwritten public offering of 3.7 million shares of its common stock at a public offering price of $9.50 per share . Expect that purchase price for Hi-Tec intellectual property assets to be retained by Cherokee will be approximately $62.0 million . Cherokee Inc - expects to use net proceeds from offering to fund a portion of hi-tec acquisition .Cherokee - to fund a portion of purchase price, co entered into a commitment letter for a new $50 million credit facility with Cerberus Business Finance.  Full Article

Cherokee Global Brands reports Q1 earnings per share $0.29
Thursday, 9 Jun 2016 04:05pm EDT 

Cherokee Inc : Cherokee Global Brands reports first quarter fiscal 2017 financial results . Q1 GAAP earnings per share $0.29 . Q1 revenue $10.7 million versus I/B/E/S view $10.5 million .Q1 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.  Full Article

Cherokee Global Brands announces additional strategic licensing partners for its Cherokee brand in the US
Wednesday, 4 May 2016 09:00am EDT 

Cherokee:Says Four additional multi-category license agreements for its cherokee brand in united states.Cherokee global brands announces additional strategic licensing partners for its cherokee brand in U.S.  Full Article

Cherokee announces acquisition of Flip Flop Shops
Monday, 19 Oct 2015 09:00am EDT 

Cherokee:Announces acquisition of Flip Flop Shops.  Full Article

Cherokee Inc enters into a license agreement with 5 Horizons Group
Wednesday, 26 Aug 2015 09:00am EDT 

Cherokee Inc:Entered into a license agreement with 5 Horizons Group for its Everyday California brand.Agreement provides 5 Horizons the rights to manufacture and sell a wide assortment of branded Everyday California products, including backpacks, bags, luggage, cold and warm weather accessories and select apparel products for adults and kids.Distribution will include specialty and department store retailers as well as resorts in the U.S., Canada and Mexico and select countries in: South & Central America, Europe, the Middle East and Africa.Product is expected to launch spring 2016.  Full Article

Cherokee Global Brands announces license agreement with Sears Canada for its Cherokee Brand in Canada
Thursday, 23 Apr 2015 08:15am EDT 

Cherokee Global Brands:Announced that it has entered into a new license agreement with Sears Canada Inc. effective May 3, 2015.The multi-year agreement covers a wide range of Cherokee family lifestyle categories including men's, women's and children's clothing, footwear and accessories and is planned to launch in Spring 2016.  Full Article

Cherokee Global Brands announces new license agreement with Sports Direct International plc
Tuesday, 7 Apr 2015 01:00pm EDT 

Cherokee Global Brands:Entered into a new license agreement with Sports Direct International plc to launch a broad assortment of Tony Hawk signature clothing and accessories online and in Sports Direct stores throughout Europe this upcoming fall/winter.Tony Hawk and Sports Direct will collaborate on a multi-tier product launch to begin this coming fall and continue with expanded clothing and accessory offerings in winter 2015.Product launch will be accompanied by a fully-integrated marketing campaign.  Full Article

More From Around the Web

BRIEF-Cherokee Inc enters into Hi-Tec acquisition documents

* Cherokee Inc announces entry into Hi-Tec acquisition documents and pricing of public offering of common stock