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  September 5, 2001
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Home > Company Index > Specialty Retail > Miscellaneous Retail > Little Switzerland, Inc.

Little Switzerland, Inc.
OTC: LSVI
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 PROFILE
There's nothing neutral about Little Switzerland's definitively upscale stores. The company operates 17 duty-free stores that sell jewelry, watches, crystal, china, and other luxury items priced from $20 to $30,000. Its stores, which are located in Caribbean travel and Alaskan cruise-ship destinations, appeal to tourists looking to avoid the import taxes they would pay at home. In early 1998 the company lost its largest supplier, Rolex (25% of sales), and in late 1999 its stock was delisted by Nasdaq. Chairman Seymour Holtzman and his family own about 20% of the company through Jewelcor Management. Little Switzerland sold a 45% stake to an affiliate of luxury goods retailer Tiffany & Co. in mid-2001.

 COMPETITION
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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: May
2000 Sales (mil.): 55.00
1-Yr. Sales Growth: (28.0)%
Employees: 373
Revenue per employee: $147,453.08

 KEY PEOPLE
• Robert L. Baumgardner
    CEO
• Patrick J. Hopper
    CFO

 CONTACT INFO
161-B Crown Bay Cruise Ship Port
St. Thomas, VI 00802
US
Phone: 340-776-2010
Fax: 340-777-4156
Online: Web Site

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