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January 6, 2014
10:07 EDTTGT, CHKECherokee enters renewal, amendment to license agreement with Target
Cherokee (CHKE) disclosed in a regulatory filing that on January 2, the company and Target (TGT) entered into a renewal and amendment to their existing license agreement. Concurrent with the execution of amendment, Target exercised its right to renew the Target License Agreement through January 31, 2017, Cherokee said. Under the amendment, Target now has the right to renew the agreement for successive two year periods, provided that it satisfied the minimum guaranteed royalty payment of $10.5M for the preceding fiscal year, by providing written notice of renewal at least one year prior to the end of the then current extended restated term.
News For CHKE;TGT From The Last 14 Days
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December 18, 2014
14:39 EDTTGTBacker of Internet sales tax to get powerful Senate post
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December 17, 2014
17:47 EDTTGTTarget names Laysha Ward as chief corporate social responsibility officer
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17:44 EDTTGTTarget names Casey Carl as Chief Strategy and Innovation Officer
Target announced that Casey Carl, president, omnichannel and senior vice president, strategy, will assume the role of chief strategy and innovation officer.
December 16, 2014
10:03 EDTTGTTarget initiated with an Outperform at Cowen
Target $85.
December 15, 2014
08:00 EDTCHKECherokee positioned for solid long-term growth, says Brean Capital
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December 10, 2014
08:02 EDTCHKECherokee reports Q3 EPS 27c, consensus 21c
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