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Home > Company Index > Consumer Products-Non-Durables  > Apparel Clothing > Salant Corporation

Salant Corporation
OTC: SLNT
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 NEWS FROM THE STANDARD
Campaign Finance Reform Takes on the Web
Oct 29 1999 12:00 AM PDT

 PROFILE
Salant has cleaned almost everything out of its closet but its Perry Ellis lines. Salant designs, manufactures, and imports accessories, dress shirts, slacks, and sportswear under the Perry Ellis and Portfolio by Perry Ellis brands, which it licenses from Perry Ellis International, and the Tricots brand. The company's largest customers include Federated, Dillard's, and May stores. It also operates 36 Perry Ellis outlet stores. Salant's change in focus coincided with its second trip through Chapter 11 during the 1990s when it sold or shut down its non-Perry Ellis menswear business. The company has begun to take on licenses again, including Tallia Uomo from Hartz & Co. Corporate raider Carl Icahn owns 18% of Salant.

 COMPETITION
Haggar Corp. (HGGR)
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Phillips-Van Heusen Corporation (PVH)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 208.30
1-Yr. Sales Growth: (16.1)%
Employees: 618
Revenue per employee: $337,055.02

 KEY PEOPLE
• Michael J. Setola
    CEO
• Awadhesh K. Sinha
    CFO

 CONTACT INFO
1114 Avenue of the Americas
New York, NY 10036
US
Phone: 212-221-7500
Fax: 212-354-3614

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