Cherokee Inc.’s licensing agreement with Target Corp. has been extended into 2017.
Target exercised its right to renew its license with Cherokee through Jan. 31, 2017. In a modification of the previous arrangement, Target now will have the right to renew the agreement for two-year periods, rather than the one-year periods previously covered, provided that Target has met the minimum royalty payment of $10.5 million for the preceding year.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)