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Lower sales at Target Corp. and the liquidation of Mervyns cut into Cherokee Inc.’s second-quarter royalties and pushed profits down nearly 30 percent.
In the three months ended Aug....
Cherokee Royalties, Profits Drop in Second Quarter
Cherokee Royalties, Profits Drop in Second Quarter
by
Posted Wednesday September 16, 2009
From WWD Issue 09/16/2009
Lower sales at Target Corp. and the liquidation of Mervyns cut into Cherokee Inc.’s second-quarter royalties and pushed profits down nearly 30 percent.
In the three months ended Aug....
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