NEW YORK — With new labels and a favorable legal settlement under its belt, Cherokee Inc. capped off its seventh year of rising sales and earnings.
The Van Nuys, Calif.-based licensor and brand management firm finished its fourth quarter with net income moving ahead 9.3 percent to $2.6 million, or 30 cents a diluted share, from $2.3 million, or 28 cents, a year ago. Sales for the three months ended Feb. 1 advanced 12.3 percent to $7.1 million from $6.3 million in the final quarter of the previous year.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"