Cherokee Q2 revenues decline, Target to end ties with the brand

Cherokee Global Brands reported decline in revenue of approximately 3 percent to 8.5 million dollars for the second quarter Fiscal 2016 ended August 1, 2015. compared with 8.8 million dollars in the prior-year period. The company has attributed the decrease in revenues to the increased strength of the US dollar and lower sales of Cherokee-branded products in the UK and Canada.