2017 News Releases

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12/06/17Cherokee Global Brands Reports Third Quarter Fiscal 2018 Financial Results
Consolidated revenues of $11.0 million; royalty revenues of $7.9 million GAAP net loss of $2.5 million; non-GAAP net loss of $740,000 GAAP EPS of ($0.18); non-GAAP EPS of $(0.05)   Adjusted EBITDA of $928,000 Initiated guidance for fiscal year ending February 2, 2019 SHERMAN OAKS, Calif., Dec. 06, 2017 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Cherokee Global Brands (NASDAQ:CHKE), please note that in the first paragraph of the 'Credit Facil... 
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11/30/17Cherokee Global Brands to Announce Third Quarter 2018 Financial Results on December 6th
SHERMAN OAKS, Calif., Nov. 30, 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 will release its third quarter 2018 financial results before the market open on Wednesday, December 6, 2017. A conference call is scheduled the same day at 5:30 a.m. PT / 8:30 a.m. ET.  Participating on the call will be Henry Stupp, Chief Executive Officer, and Jason Boling, Chief Financ... 
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11/13/17Cherokee Global Brands Amends Credit Facility with Cerberus
SHERMAN OAKS, Cali., Nov. 13, 2017 (GLOBE NEWSWIRE) -- New financial terms provide greater financial flexibility Amendment to eliminate obligation to call equity commitments                                                                                                      Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, today announced the amendment, subject to the satisfaction of certain conditio... 
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10/25/17Cherokee Global Brands Strengthens Executive Team with Appointment of Mark Conway as Chief Brand and Revenue Officer
SHERMAN OAKS, Calif., Oct. 25, 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 the appointment of Mark Conway to the newly-created role of chief brand and revenue officer. In this role, Mr. Conway will oversee new business development, strategic brand planning, ecommerce and marketing and will manage development and oversight of Cherokee Global Brands’ licensee par... 
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09/14/17Cherokee Global Brands Appoints John T. McClain to Board of Directors as Independent Director, Chairman of Audit Committee
SHERMAN OAKS, Calif., Sept. 14, 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 has appointed John T. McClain to the Company’s Board of Directors. Mr. McClain will serve as an independent director of the Company and Chair the Board’s Audit Committee effective immediately. “John is the perfect addition to our Board,” commented Henry Stupp, Chief Executive... 
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09/14/17Cherokee Global Brands Partners with Save the Children
Portion of proceeds from the sale of Cherokee branded products will be donated to Save the Children SHERMAN OAKS, Calif., Sept. 14, 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 partnered with Save the Children. Through the partnership, a percentage of sales from all Cherokee branded products sold in the United States will directly support the children, ... 
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09/07/17Cherokee Global Brands Reports Second Quarter Fiscal 2018 Financial Results
Consolidated revenues of $14.0 million; royalty revenues of $8.0 million Consolidated net loss of $4.6 million; non-GAAP net loss of $0.6 million GAAP EPS of ($0.36); non-GAAP EPS of $(0.05)   Adjusted EBITDA of $1.2 million SHERMAN OAKS, Calif., Sept. 07, 2017 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ:CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, today reported financial results for the second quarter of fisca... 
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09/05/17Cherokee Global Brands to Announce Second Quarter 2018 Financial Results on September 7th
SHERMAN OAKS, Calif., Sept. 05, 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 will release its second quarter 2018 financial results after the market close on Thursday, September 7, 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 Fina... 
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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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