| Business Summary | | Ashworth,
Inc.
designs,
markets
and
distributes
a
full
line
of
sports
apparel,
headwear
and
accessories
under
the
Ashworth
label.
Ashworth
products
are
sold
in
golf
pro
shops
and
resorts,
to
corporate
customers,
at
department
and
specialty
retail
stores,
Ashworth
retail
stores
and
in
selected
international
markets.
The
Company
has
wholly
owned
subsidiaries
that
own
and
operate
the
eight
Company
outlet
stores
and
the
Ashworth
Concept
Store.
A
wholly
owned
United
Kingdom
subsidiary
distributes
its
products
in
Europe.
The
Company
also
established
a
wholly
owned
subsidiary
in
the
Virgin
Islands
as
a
foreign
sales
corporation
and
opened
a
new
division
on
November
1,
1998
to
distribute
Ashworth
products
in
Canada. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ashworth,
Inc.
designs,
markets
and
distributes
a
full
line
of
sports
apparel,
headwear
and
accessories
under
the
Ashworth
label,
sold
in
golf
pro
shops,
resorts
and
department
and
specialty
retail
stores.
For
the
nine
months
ended
7/31/01,
revenues
rose
6%
to
$104.4
million.
Net
income
fell
10%
to
$5
million.
Revenues
reflect
solid
growth
in
many
of
the
Company's
distribution
channels.
Earnings
suffered
from
lower
margins
and
increased
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Randall Herrel, Sr., 50 Chairman,
Pres, CEO | $514K | Terrence Tsang, 39 COO,
Chief Financial Officer, Exec. VP, Chief Accounting Officer | 319K | Anthony Wilkinson, 39 Managing
Director, Ashworth U.K., Ltd. | 128K | Nicoletta Larucci-Miele, 34 Vice-Pres
-- Design | 197K | Suzan Chauvel, 49 CMO | 172K | Dollar
amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|