| Business Summary | | Cherokee
Inc.
is
in
the
business
of
marketing
and
licensing
the
Cherokee
and
Sideout
brands
and
related
trademarks
and
other
brands
it
owns
or
represents.
The
Company's
operating
strategy
emphasizes
domestic
and
international
retail
direct
and
wholesale
licensing
of
apparel,
footwear
and
accessories,
whereby
it
grants
retailers
and
wholesalers
the
license
to
use
the
trademarks
held
by
the
Company
on
certain
categories
of
merchandise,
and
the
licensees
are
responsible
for
designing
and
manufacturing
the
merchandise.
The
Company
and
its
wholly
owned
subsidiary,
Spell
C.
LLC,
own
several
trademarks,
including
Cherokee,
Sideout,
Sideout
Sport,
King
of
the
Beach
and
others.
As
of
February
3,
2001,
the
Company
had
23
continuing
license
agreements,
covering
both
domestic
and
international
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Cherokee
is
in
the
business
of
marketing
and
licensing
the
Cherokee
and
Sideout
brands
and
related
trademarks
and
other
brands
it
owns.
CHKE
licenses
and
markets
brand
names
and
trademarks
for
apparel,
footwear
and
accessories
in
the
United
States.
For
the
13
weeks
ended
5/5/01,
revenues
rose
9%
to
$10.5
million.
Net
income
rose
11%
to
$4.6
million.
Results
reflect
$750
thousand
revenues
from
Mossimo
Inc.,
and
lower
interest
expenses
due
to
a
reduction
in
debt
principal. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Margolis, 53 Chairman
and CEO | $2.8M | Howard Siegel, 45 Pres
of Operations | 362K | Carol Gratzke, 52 CFO | 362K | Stephen Ascher, 38 Exec.
VP- North America | 428K | Nina Leong, 42 Exec.
VP, Brand Devel. | 192K | Dollar amounts are as of 30-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|