| | Business Summary | | Florsheim
Group,
Inc.
markets,
designs,
and
sources
a
diverse
and
extensive
range
of
products
in
the
middle
to
upper
price
range
of
the
men's
quality
footwear
market.
Florsheim
competes
primarily
in
the
$65
and
above
retail
price
point
segment
of
the
men's
non-athletic
footwear
market.
Florsheim
markets
products
to
more
than
6,000
specialty
and
department
store
locations
worldwide.
The
Company
has
a
global
wholesale
customer
base,
which
includes
department
stores
and
national
accounts,
such
as
Sears
Roebuck
&
Company,
J
C
Penney,
and
Nordstrom,
independent
dealers
located
worldwide
and
licensee
locations
in
Mexico,
India,
the
Pacific
Rim
and
the
Middle
East.
In
addition,
as
of
December
30,
2000,
Florsheim
had
a
retail
network
of
135
Company-operated
specialty
stores
and
57
Company-operated
outlet
stores
in
the
United
States.
As
of
December
30,
2000,
the
Company
also
operated
41
specialty
retail
stores
and
eight
outlet
stores
in
Australia,
Canada,
Italy,
France
and
New
Zealand. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Florsheim
Group,
Inc.
designs,
manufactures,
and
sources
a
diverse
range
of
products
in
the
middle
to
upper
price
range
of
the
men's
quality
footware
market.
For
the
26
weeks
ended
6/30/01,
revenues
fell
11%
to
$95.5
million.
Net
loss
rose
37%
to
$6.7
million.
Revenues
reflect
the
effects
of
poor
market
conditions
and
the
lack
of
sufficient
new
products.
Higher
loss
also
reflects
decreased
gross
margin
due
to
closeout
sales
and
product
markdowns. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Peter Corritori, Jr., 47
Chairman,
CEO | $555K | Thomas Polke, 38
Exec.
VP, CFO | 186K | Thomas Joseph, 49
Exec.
VP, and Pres of Retail | 209K | Mark Medici, 49
Sr.
VP and National Sales Mang. | -- | F.Terrence Blanchard, 47
VP,
Controller, CAO | 169K | | Dollar amounts are as of 1-Jan-2001 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/f/flsc.gif)