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April 5, 1994 | DON LEE, TIMES STAFF WRITER
Since Cherokee Inc. emerged from its bankruptcy reorganization in May, nothing has been quite the same at the women's clothing and shoe company. Guess? jeans co-founder Georges Marciano and Saudi Arabian businessman Abdullah Taha Bakhsh have swooped up Cherokee's stock. Cherokee Apparel, the company's main division, is now being run by a team of former Lee Apparel executives. Even Cherokee's 20-year-old Indian head logo is history. But will any of this turn the company's fortunes around?
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BUSINESS
April 5, 1994 | DON LEE, TIMES STAFF WRITER
Since Cherokee Inc. emerged from its bankruptcy reorganization in May, nothing has been quite the same at the women's clothing and shoe company. Guess? jeans co-founder Georges Marciano and Saudi Arabian businessman Abdullah Taha Bakhsh have swooped up Cherokee's stock. Cherokee Apparel, the company's main division, is now being run by a team of former Lee Apparel executives. Even Cherokee's 20-year-old Indian head logo is history. But will any of this turn the company's fortunes around?
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BUSINESS
May 6, 1994 | DON LEE, TIMES STAFF WRITER
Since Cherokee Inc. emerged from its bankruptcy reorganization last May, nothing has been quite the same at the clothing and shoe company. Guess? Inc. co-founder Georges Marciano and Saudi businessman Abdullah Taha Bakhsh have scooped up Cherokee's stock. Together they own about 32%. Cherokee Apparel, the company's main division, is now being run by a team of former Lee Apparel executives. Even Cherokee's 20-year-old Indian head logo is history.
BUSINESS
July 5, 1994 | GREG MILLER, TIMES STAFF WRITER
The regional stock market in the second quarter duplicated its first-quarter performance almost to the letter, as three in five area stocks declined in value and prices overall fell 4.3% during the three months ended June 30. Three savings and loans, as well as two petroleum-related companies, were among the strongest local performers, while a giant-screen theater maker and an apparel producer were among the hardest hit.
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