| Industries |
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| Apparel Accessories and Luxury Goods |
| Asset Management and Custody Banks |
| Exposures |
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| Military |
| Rights |
| Express intent |
| Intelligence |
| Cooperate |
| Crime |
| Leadership |
| Provide |
| Ease |
| Event Codes |
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| Solicit support |
| Release or return |
| Accident |
| Yield |
| Warn |
| Endorse |
| Human death |
| Veto |
| Agree |
| Force |
| Propose |
| Reward |
| Reject |
| Wiki | Wiki Summary |
|---|---|
| Financial statement | Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity.\nRelevant financial information is presented in a structured manner and in a form which is easy to understand. |
| Arithmetic | Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today. |
| Bitwise operation | In computer programming, a bitwise operation operates on a bit string, a bit array or a binary numeral (considered as a bit string) at the level of its individual bits. It is a fast and simple action, basic to the higher-level arithmetic operations and directly supported by the processor. |
| Special Activities Center | The Special Activities Center (SAC) is a division of the Central Intelligence Agency responsible for covert operations and paramilitary operations. The unit was named Special Activities Division (SAD) prior to 2015. |
| Special operations | Special operations (S.O.) are military activities conducted, according to NATO, by "specially designated, organized, selected, trained, and equipped forces using unconventional techniques and modes of employment". Special operations may include reconnaissance, unconventional warfare, and counter-terrorism actions, and are typically conducted by small groups of highly-trained personnel, emphasizing sufficiency, stealth, speed, and tactical coordination, commonly known as "special forces". |
| Met Operations | Met Operations, also known as Met Ops, is one of the four business groups which forms the Metropolitan Police Service. It was created during the 2018-19 restructuring of the service, amalgamating many of its functions from the Operations side of the Specialist Crime & Operations Directorate formed in 2012, with the Specialist Crime side of that Directorate placed under the new Frontline Policing Directorate. |
| Operations research | Operations research (British English: operational research), often shortened to the initialism OR, is a discipline that deals with the development and application of advanced analytical methods to improve decision-making. It is sometimes considered to be a subfield of mathematical sciences. |
| End-user license agreement | An end-user license agreement (short EULA) is a legal contract entered into between a software developer or vendor and the user of the software, often where the software has been purchased by the user from an intermediary such as a retailer. A EULA specifies in detail the rights and restrictions which apply to the use of the software.Many form contracts are only contained in digital form and only presented to a user as a click-through which the user must "accept". |
| Generic trademark | A generic trademark, also known as a genericized trademark or proprietary eponym, is a trademark or brand name that, because of its popularity or significance, has become the generic term for, or synonymous with, a general class of products or services, usually against the intentions of the trademark's owner.\nA trademark is said to become genericized—or, informally, to have suffered genericide—when it begins as a distinctive product identifier but changes in meaning to become generic. |
| Trademark symbol | The trademark symbol ⟨™⟩ is a symbol to indicate that the preceding mark is a trademark, specifically an unregistered trademark. It complements the registered trademark symbol ⟨®⟩ which is reserved for trademarks registered with an appropriate government agency.In Canada, an equivalent marque de commerce symbol, ⟨🅪⟩ (U+1F16A) is used in Quebec. |
| List of generic and genericized trademarks | The following three lists of generic and genericized trademarks are:\n\nmarks which were originally legally protected trademarks, but have been genericized and have lost their legal status due to becoming generic terms,\nmarks which have been abandoned and are now generic terms\nmarks which are still legally protected as trademarks, at least in some jurisdictions\n\n\n== List of former trademarks that have been genericized ==\nThe following partial list contains marks which were originally legally protected trademarks, but which have subsequently lost legal protection as trademarks by becoming the common name of the relevant product or service, as used both by the consuming public and commercial competitors. These marks were determined in court to have become generic. |
| Trademark dilution | Trademark dilution is a trademark law concept giving the owner of a famous trademark standing to forbid others from using that mark in a way that would lessen its uniqueness. In most cases, trademark dilution involves an unauthorized use of another's trademark on products that do not compete with, and have little connection with, those of the trademark owner. |
| Trademark look | Trademark look or signature look is the characteristic clothes or other distinguishing signs used by a certain character or performer, making the person more recognizable by the audience. Politicians may also have trademark signs, such as the suit of American President Barack Obama or the Merkel-Raute hand gesture of German Chancellor Angela Merkel. |
| Unregistered trademark | An unregistered trademark or common law trademark is an enforceable mark created by a business or individual to signify or distinguish a product or service. It is legally different from a registered trademark granted by statute. |
| Dependent territory | A dependent territory, dependent area, or dependency (sometimes referred as an external territory) is a territory that does not possess full political independence or sovereignty as a sovereign state, yet remains politically outside the controlling state's integral area. \nA dependent territory is commonly distinguished from a country subdivision by being considered not to be a constituent part of a sovereign state. |
| Dependent source | In the theory of electrical networks, a dependent source is a voltage source or a current source whose value depends on a voltage or current elsewhere in the network.Dependent sources are useful, for example, in modelling the behavior of amplifiers. A bipolar junction transistor can be modelled as a dependent current source whose magnitude depends on the magnitude of the current fed into its controlling base terminal. |
| Dependent and independent variables | Dependent and Independent variables are variables in mathematical modeling, statistical modeling and experimental sciences. Dependent variables receive this name because, in an experiment, their values are studied under the supposition or demand that they depend, by some law or rule (e.g., by a mathematical function), on the values of other variables. |
| Pratītyasamutpāda | Pratītyasamutpāda (Sanskrit: प्रतीत्यसमुत्पाद, Pāli: paṭiccasamuppāda), commonly translated as dependent origination, or dependent arising, is a key doctrine in Buddhism shared by all schools of Buddhism. It states that all dharmas (phenomena) arise in dependence upon other dharmas: "if this exists, that exists; if this ceases to exist, that also ceases to exist". |
| Dependent adult | A dependent adult is an adult who is not a senior citizen and who needs assistance to carry out normal activities or to protect their rights, or who is in a hospital for at least a 24-hour stay. Dependent adults have special rights and protections from abuse. |
| Automatic Dependent Surveillance–Broadcast | Automatic Dependent Surveillance–Broadcast (ADS–B) is a surveillance technology in which an aircraft determines its position via satellite navigation or other sensors and periodically broadcasts it, enabling it to be tracked. The information can be received by air traffic control ground stations as a replacement for secondary surveillance radar, as no interrogation signal is needed from the ground. |
| Dependent clause | An independent clause (or main clause) is a clause that can stand by itself as a simple sentence. An independent clause contains a subject and a predicate and makes sense by itself. |
| Runaway (dependent) | A runaway is a minor or (depending upon the local jurisdiction) a person under a specified age, who has left their parents or legal guardians without permission. Statistics show that females are more likely to run away than males. |
| Good Friday Agreement | The Good Friday Agreement (GFA), or Belfast Agreement (Irish: Comhaontú Aoine an Chéasta or Comhaontú Bhéal Feirste; Ulster-Scots: Guid Friday Greeance or Bilfawst Greeance), is a pair of agreements signed on 10 April 1998 that ended most of the violence of the Troubles, a political conflict in Northern Ireland that had ensued since the late 1960s. It was a major development in the Northern Ireland peace process of the 1990s. |
| Paris Agreement | The Paris Agreement (French: Accord de Paris), often referred to as the Paris Accords or the Paris Climate Accords, is an international treaty on climate change, adopted in 2015. It covers climate change mitigation, adaptation, and finance. |
| Munich Agreement | The Munich Agreement (Czech: Mnichovská dohoda; Slovak: Mníchovská dohoda; German: Münchner Abkommen) was an agreement concluded at Munich on 30 September 1938, by Germany, the United Kingdom, France, and Italy. It provided "cession to Germany of the Sudeten German territory" of Czechoslovakia, despite the existence of a 1924 alliance agreement and 1925 military pact between France and the Czechoslovak Republic, for which it is also known as the Munich Betrayal (Mnichovská zrada; Mníchovská zrada). |
| Haavara Agreement | The Haavara Agreement (Hebrew: הֶסְכֵּם הַעֲבָרָה Translit.: heskem haavara Translated: "transfer agreement") was an agreement between Nazi Germany and Zionist German Jews signed on 25 August 1933. The agreement was finalized after three months of talks by the Zionist Federation of Germany, the Anglo-Palestine Bank (under the directive of the Jewish Agency) and the economic authorities of Nazi Germany. |
| Executive (government) | The executive (short for executive branch or executive power) is the part of government that enforces law, and has responsibility for the governance of a state.\nIn political systems based on the principle of separation of powers, authority is distributed among several branches (executive, legislative, judicial)—an attempt to prevent the concentration of power in the hands of a single group of people. |
| Executive producer | Executive producer (EP) is one of the top positions in the making of a commercial entertainment product. Depending on the medium, the executive producer may be concerned with management accounting or associated with legal issues (like copyrights or royalties). |
| The Executives | The Executives were an Australian pop music band, formed in 1966 and reformed in 1974, consisting of band members Ray Burton, Rhys Clark, Gino Cunico, Brian King, Carol King, Gary King, Keith Leslie and Brian Patterson. They are arguably best known for their top 40 singles "My Aim Is To Please You" (1967), "Sit Down, I Think I Love You" (1967) and "Windy Day" (1968) reaching No. |
| Chairperson | The chairperson (also chair, chairman, or chairwoman) is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion.In some organizations, the chairperson is also known as president (or other title). |
| Business executive | A business executive is a person responsible for running an organization, although the exact nature of the role varies depending on the organization.\nExecutives run companies or government agencies. |
| Plutonium Management and Disposition Agreement | The Plutonium Management and Disposition Agreement is an agreement between the United States and Russia signed in 2000. An amended version was signed in April 2010 and went into effect in July 2011. |
| Local marketing agreement | In North American broadcasting, a local marketing agreement (LMA), or local management agreement, is a contract in which one company agrees to operate a radio or television station owned by another party. In essence, it is a sort of lease or time-buy. |
| Service-level agreement | A service-level agreement (SLA) is a commitment between a service provider and a client. Particular aspects of the service – quality, availability, responsibilities – are agreed between the service provider and the service user. |
| Great Wolf Resorts | Great Wolf Resorts (formerly known as Great Wolf Lodge) is a chain of indoor water parks. The company owns and operates its family resorts under the Great Wolf Lodge brand. |
| Risk Factors |
|---|
| CHEROKEE INC Item 1A RISK FACTORS In addition to the other information contained herein or incorporated herein by reference, the risks and uncertainties and other factors described below could have a material adverse effect on our business, financial condition, results of operations and share price and could also cause our future business, financial condition and results of operations to differ materially from the results contemplated by any forward-looking statement we may make herein, in any other document we file with the Securities and Exchange Commission, or in any press release or other written or oral statement we may make |
| Management’s Discussion and Analysis of Financial Condition And Results of Operations—Cautionary Note Regarding Forward-Looking Statements” for additional risks and uncertainties applicable to us |
| Our business is subject to intense competition |
| Royalties paid to us under our licensing agreements are generally based on a percentage of our licensee’s net sales of licensed products |
| Cherokee and Sideout brand footwear, apparel, and accessories, which are manufactured and sold by both domestic and international wholesalers and retail licensees, are subject to extensive competition by numerous domestic and foreign companies |
| Such competitors with respect to the Cherokee brand include Levi Strauss & Co, The Gap, Old Navy, Martha Stewart Living Omnimedia Inc, Liz Claiborne, Iconix Brand Group, Mossimo, and VF Corp |
| and private label brands such as Faded Glory, Arizona and Route 66, developed by retailers |
| Competitors with respect to the Sideout brand include Quiksilver, Nike and other active wear companies |
| Factors which shape the competitive environment include quality of garment construction and design, brand name, style and color selection, price and the manufacturer’s ability to respond quickly to the retailer on a national basis |
| In recognition of the increasing trend towards consolidation of retailers and greater emphasis by retailers on the manufacture of private label merchandise, in the United States our business plan focuses on creating strategic alliances with major retailers for their sale of products bearing our brands through the licensing of our trademarks directly to retailers |
| Therefore, our degree of success is dependent on the strength of our brands, consumer acceptance of and desire for our brands, our licensees’ ability to design, manufacture and sell products bearing our brands and to respond to ever-changing consumer demands, and any significant failure by our licensees to do so could have a material adverse effect on our business prospects, financial condition, results of operations and liquidity |
| Other companies owning established trademarks could also enter into similar arrangements with retailers |
| Our business is dependent on Target Stores, which accounted for 47prca of our consolidated licensing revenues in fiscal 2006 |
| During fiscal 2006, 47prca of our licensing revenues were generated from a single source, Target Stores, a division of Target Corp |
| ” The term of the Amended Target Agreement currently extends until January 31, 2008 and, unless Target Stores gives us one year’s advance notice of its intention to terminate the agreement, the agreement will continue to automatically renew for successive one year terms provided that Target Stores has paid a minimum guaranteed royalty equal to or greater then dlra9dtta0 million for the preceding fiscal year |
| If Target Stores elects to terminate the agreement, effective after January 31, 2008 or at any other time, it would have a material adverse effect on our business, financial condition and results of operations |
| There can be no guarantee that we would be able to 10 ______________________________________________________________________ replace the Target Stores royalty payments from other sources |
| The Amended Target Agreement, however, requires one year’s advance notice of termination by Target Stores to prevent automatic renewal, during which period we believe we could enter into one or more licensing agreements for the Cherokee brand with either retailers and/or wholesalers, which we expect would enable us to replace some of the lost revenues from Target Stores |
| Nonetheless, we could suffer substantially decreased royalty revenues under the Amended Target Agreement if Target were to reduce its sales of Cherokee branded products while continuing to pay the minimum royalties required under such agreement |
| We are dependent on our intellectual property and we cannot assure you that we will be able to successfully protect our rights |
| We hold various trademarks including Cherokee, Sideout and others in connection with apparel, footwear and accessories |
| These trademarks are vital to the success and future growth of our business |
| These trademarks are registered with the United States Patent and Trademark Office and in numerous other countries |
| We also hold several trademark applications for Cherokee and Sideout in several countries |
| We monitor on an ongoing basis unauthorized filings of our trademarks, and we rely primarily upon a combination of trademark, know-how, trade secrets, and contractual restrictions to protect our intellectual property rights |
| We believe that such measures afford only limited protection and, accordingly, there can be no assurance that the actions taken by us to establish and protect our trademarks and other proprietary rights will prevent imitation of our products or infringement of our intellectual property rights by others, or prevent the loss of licensing revenue or other damages caused thereby |
| In addition, the laws of several countries in which we have licensed our intellectual property may not protect our intellectual property rights to the same extent as the laws of the United States |
| Despite our efforts to protect our intellectual property rights, unauthorized parties may attempt to copy aspects of our intellectual property, which could have a material adverse effect on our business prospects, financial condition, results of operations and liquidity |
| In the future we may be required to assert infringement claims against third parties, and there can be no assurance that one or more parties will not assert infringement claims against us |
| Any resulting litigation could result in significant expense and divert the efforts of our management personnel whether or not such litigation is determined in our favor |
| We are dependent on our key management personnel |
| Our success is highly dependent upon the continued services of our key executives, including Robert Margolis, our Chairman and Chief Executive Officer; Howard Siegel, our President; Sandi Stuart, our Executive Vice President, and Russell J Riopelle, our Chief Financial Officer |
| Margolis was initially the primary person responsible for conceiving and implementing our overall business and marketing strategy, and the other executives are currently responsible for executing our strategy |
| Margolis has served as Chairman and Chief Executive Officer since May 1995 after we emerged from bankruptcy in December 2004 |
| As of March 25, 2006, Mr |
| Margolis was the beneficial owner of approximately 14dtta2prca of our outstanding common stock |
| Margolis’ and our other executives’ leadership and experience in the apparel licensing industry is important to the successful implementation of our business and marketing strategy |
| We do not carry key person life insurance covering any of our executives |
| Margolis’ services are provided pursuant to a management agreement with us, the other executives do not have management agreements |
| Furthermore, Mr |
| Margolis’s agreement does not ensure Mr |
| Margolis’ continued services |
| Margolis or our other key executives could have a material adverse effect on our business prospects, financial condition, results of operations and liquidity |
| 11 ______________________________________________________________________ The management agreement with our Chief Executive Officer contains provisions that provide for a substantial cash payment to our Chief Executive Officer upon our breach or termination of the management agreement |
| Margolis’ services as Chairman and Chief Executive Officer are provided to us pursuant to a management agreement |
| The current term of the management agreement ends February 1, 2009; however, the term may be extended indefinitely for additional one-year terms so long as we meet certain pre-tax earnings thresholds |
| If we terminate the management agreement without cause or Mr |
| Margolis terminates the management agreement after we materially breach any of the terms and conditions thereof or fail to perform any material obligations thereunder, we would be obligated to pay Mr |
| Margolis, within sixty days after the date of termination, a lump sum in cash equal to three times the sum of the annual base compensation under the management agreement at the rate in effect at the time of the termination plus the amount of the previous year’s performance bonus under the management agreement |
| Margolis’ annual base compensation in fiscal 2006 was calculated to be dlra700cmam000 and his performance bonus for fiscal 2006 was approximately dlra3dtta7 million |
| Based on the amounts paid for fiscal 2006, the lump sum payment owed upon such a termination would be approximately dlra13dtta2 million |
| The occurrence of the following events, among other things, will be deemed to be a material breach of the management agreement by us: · Mr |
| Margolis and/or other directors that he and related parties have the right to nominate to our Board of Directors, are not elected to our Board of Directors or are not put on the slate of directors recommended to our stockholders or Mr |
| Margolis or any such other director is removed from our Board of Directors without Mr |
| Margolis’ approval; · the assignment to Mr |
| Margolis of any duties materially inconsistent with, or the diminution of his positions, titles, offices, duties and responsibilities with us or any removal of Mr |
| Margolis to, any titles, offices or positions held by him under the management agreement, including the failure of our Board of Directors to elect Mr |
| Margolis or his designee as Chairman of the Board; · a reduction by us in the base compensation or any other compensation provided to Mr |
| Margolis in the management agreement; or · a change or relocation of Mr |
| Margolis’ office that materially and adversely affects Mr |
| Margolis’ working environment or any other substantial, material and adverse changes in Mr |
| Margolis’ working conditions imposed by us |
| We do not have sufficient cash to make the lump sum payment to Mr |
| Margolis, and becoming obligated to make such payment would have a material adverse effect on our business prospects, financial condition, results of operations and liquidity |
| Under certain circumstances, the obligation to make such lump sum payment to Mr |
| Margolis could be triggered if a third party were to acquire us, which would increase such third party’s acquisition costs, but would also each year thereafter reduce our annual operating expenses due to the elimination of annual bonus payments to Mr |
| Margolis pursuant to the management agreement |
| We may not pay dividends regularly in the future |
| Although we have paid dividends during each quarter of fiscal 2005 and fiscal 2006, and during the first quarter of fiscal 2007, there can be no assurances that we will continue to generate excess cash to pay dividends, or that we will continue to pay dividends with such excess cash if other, more compelling business opportunities are available, as determined by our Board of Directors |
| Our ability to generate excess cash from our operations in the future is dependent upon a variety of factors, including Cherokee’s financial condition, results of operations, cash flow, capital requirements and other factors |