2017 News Releases

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08/15/17Cherokee Global Brands Appoints Kimberly Doyle, Director of Financial Reporting and Internal Controls
SHERMAN OAKS, Calif., Aug. 15, 2017 (GLOBE NEWSWIRE) -- Cherokee, Inc. (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, announced today the appointment of Kimberly Doyle as Director of Financial Reporting and Internal Controls.  In this role, Ms. Doyle will be responsible for leading the European-based finance team in Amsterdam. Commenting on the appointment, Jason Boling, Chief Financial Officer of Cherokee Global Brands sai... 
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08/14/17Cherokee Global Brands Amends Credit Facility with Cerberus
SHERMAN OAKS, Calif., Aug. 14, 2017 (GLOBE NEWSWIRE) -- Cherokee, Inc. (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, today announced an amendment of its senior secured credit facility with Cerberus Business Finance, LLC (“Cerberus”).  The amended credit agreement addresses all matters that gave rise to the forbearance agreement the Company entered into on June 27, 2017. In connection with the amendment, on August 11, 2017,... 
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07/10/17Cherokee Global Brands Announces Multi-category License Agreements to Expand its Hi-Tec and 50 Peaks Brands Throughout North America
Men’s and women’s apparel and accessories to launch in 2017 SHERMAN OAKS, Calif., July 10, 2017 (GLOBE NEWSWIRE) -- Cherokee Inc. (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, announced today that it has entered into license agreements for its Hi-Tec® and 50 Peaks® brands in several key growth categories.  The new licensing agreements with the Tharanco Group for men’s and women’s apparel and Interbrand for accessories inclu... 
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07/06/17Cherokee Global Brands Reports First Quarter Fiscal 2018 Financial Results
Consolidated revenues of $11.1 million; royalty revenues of $6.8 million Consolidated net loss of $3.3 million; non-GAAP net loss of $0.9 million GAAP EPS of $(0.25); non-GAAP EPS of $(0.07)   Adjusted EBITDA of $0.7 million         SHERMAN OAKS, Calif., July 06, 2017 (GLOBE NEWSWIRE) --  Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, today provided financial results for the fiscal 2018 firs... 
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06/27/17Cherokee Global Brands to Announce First Quarter 2018 Financial Results on July 6th
SHERMAN OAKS, Calif., June 27, 2017 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, today announced that it will release its first quarter 2018 financial results after market close on Thursday, July 6, 2017.  A conference call is scheduled the same day at 1:30 p.m. PT / 4:30 p.m. ET.  Participating on the call will be Henry Stupp, Chief Executive Officer, and Jason Boling, Chief Financ... 
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06/27/17Cherokee Global Brands Receives NASDAQ Notice Regarding Late Filing of Quarterly Report
SHERMAN OAKS, Calif., June 27, 2017 (GLOBE NEWSWIRE) -- Cherokee Inc. (NASDAQ:CHKE) (“Cherokee Global Brands” or the “company”), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, announced today that on June 21, 2017, it received a notice from the NASDAQ Stock Market (“NASDAQ”) stating that the company is not in compliance with NASDAQ Listing Rule 5250(c)(1) because the company did not timely file with the U.S. Securities and Exchange Commissio... 
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05/18/17Cherokee Global Brands Reports Final Fourth Quarter and Full Year Fiscal 2017 Financial Results
Fiscal 2017 Consolidated revenues of $40.6 million Fiscal 2017 Consolidated net loss of $7.9 million; non-GAAP net income of $7.4 million Fiscal 2017 GAAP EPS of ($0.84); non-GAAP EPS of $0.78  Fiscal 2017 Adjusted EBITDA of $13.4 million Q4 2017 Consolidated revenues of $15.0 million Q4 2017 Consolidated net loss of $11.2 million; non-GAAP net income of $1.8 million Q4 2017 GAAP EPS of ($0.97); non-GAAP EPS of $0.15   Q4 2017 Adjusted EBITDA of $2.9 million SHERMAN OAK... 
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05/11/17Cherokee Global Brands Reports Fourth Quarter and Full Year Fiscal 2017 Financial Results
Fiscal 2017 Consolidated revenues of $40.6 million Fiscal 2017 Consolidated net loss of $7.4 million; non-GAAP net income of $7.4 million Fiscal 2017 GAAP EPS of ($0.78); non-GAAP EPS of $0.78  Fiscal 2017 Adjusted EBITDA of $13.4 million Q4 2017 Consolidated revenues of $15.0 million Q4 2017 Consolidated net loss of $10.6 million; non-GAAP net income of $1.8 million Q4 2017 GAAP EPS of ($0.92); non-GAAP EPS of $0.15   Q4 2017 Adjusted EBITDA of $2.9 million SHERMAN OAKS,... 
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05/05/17Cherokee Receives NASDAQ Notice Regarding Late Filing of Annual Report
SHERMAN OAKS, Calif., May 05, 2017 (GLOBE NEWSWIRE) -- Cherokee Inc. (NASDAQ:CHKE) (“Cherokee” or the “company”), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, announced today that on May 3, 2017, it received a notice from the NASDAQ Stock Market (“NASDAQ”) stating that the company is not in compliance with NASDAQ Listing Rule 5250(c)(1) because the company did not timely file with the U.S. Securities and Exchange Commission (“SEC”) its Ann... 
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04/27/17Cherokee Global Brands to Announce Fourth Quarter & Fiscal Year 2017 Financial Results on May 11th
SHERMAN OAKS, Calif., April 27, 2017 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, today announced that it will release its fourth quarter and fiscal year 2017 financial results after market close on Thursday, May 11, 2017. A conference call is scheduled the same day at 1:30 p.m. PT / 4:30 p.m. ET.  Participating on the call will be Henry Stupp, Chief Executive Officer, and Jason Bol... 
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04/12/17Cherokee Global Brands Announces Delay in the Release of its Fourth Quarter and Fiscal Year 2017 Financial Results
SHERMAN OAKS, Calif., April 12, 2017 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, today announced that it will file with the U.S. Securities and Exchange Commission for an automatic 15-day extension of the deadline for submitting its Annual Report on Form 10-K for its fiscal year ended January 31, 2017 (the "Form 10-K").  Although the company believes that its financial statement... 
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03/08/17Cherokee Global Brands Announces Vision Summit for April 19-21 in Amsterdam
Multi-day event to showcase directional insights, product expansion and global strategy SHERMAN OAKS, Calif., March 08, 2017 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, announced today the date and location for its inaugural Cherokee Global Brands Vision Summit to be held April 19-21, 2017 in Amsterdam, the Netherlands.  In the wake of the company’s recent acquisition of Hi-Tec... 
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03/06/17Cherokee Global Brands to Present at the 29th Annual Roth Conference
SHERMAN OAKS, Calif., March 06, 2017 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, announced today Henry Stupp, the Company's Chief Executive Officer, will present at the 29th Annual Roth Conference to be held on March 13-15, 2017, at the The Ritz Carlton, Laguna Niguel. The Company’s presentation is scheduled for Monday, March 13, 2017 at 1:30 p.m. PT. The audio portion of the pr... 
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02/21/17Cherokee Global Brands Appoints Two New Members to Board of Directors
Retail, brand development and merchandising expert, Carol Baiocchi Consumer products and retail expert, Susan Engel Appointments support corporate commitment to increasing shareholder value SHERMAN OAKS, Calif., Feb. 21, 2017 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, is pleased to announce the appointment of Carol Baiocchi and Susan Engel as independent directors o... 
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