Apex Global Brands Inc. announced that Due to the evolving and uncertain nature of COVID-19 on Apex Global Brand's business, the Company will not be providing Fiscal 2021 guidance at this time. COVID-19 may have a material impact on Apex's operating results, cash flows and financial condition, making accurate forward-looking projections very difficult at this time.

The company reported Intangible assets impairment charge for the fourth quarter ended February 1, 2020. For the quarter, the company reported Intangible assets impairment charge of $4,100,000.