Business
Cherokee Global Brands sells Flip Flop Shops to Bearpaw Holdings
Cherokee Global Brands has announced the sale of Flip Flop Shops, its franchise retail chain, to Bearpaw Holdings, LLC for an undisclosed amount. The company added that it intends to use the sale proceeds to reduce its long-term debt. “We’re pleased with the transaction, which aligns with our strategy to focus on scaling our high-growth brands...
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