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Apex Global Brands Q3 revenues decrease 17 percent

Apex Global Brands revenues were 4.1 million dollars in the third quarter, a decrease of 17 percent reflecting the non-renewal of certain licenses and the decrease in sales of licensees’ products stemming from the Covid-19 pandemic. For the first nine months, revenues totalled 12.5 million dollars, a decrease of 20 percent from 15.5 million...

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ManagementFeatured

Apex Global Brands reports Q3 loss; revenues drop 16 percent

Apex Global Brands, for its third quarter of fiscal 2020, reported revenues of 4.9 million dollars, a decrease of 16 percent compared to the same quarter in the prior year. On a year-to-date basis, revenues were 15.5 million dollars for the first nine months, a decrease of 15 percent reflecting decreases in royalties from the company’s Cherokee,...

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