| Business Summary | | Marisa
Christina,
Inc.
designs,
manufactures,
sources
and
markets
a
broad
line
of
high
quality
clothing
for
women
primarily
under
the
Marisa
Christina
label.
The
Company
is
best
known
for
its
high
quality
sweaters
characterized
by
classic,
timeless
styling,
unique
details,
exciting
yarns
and
textures,
and
special
occasion
designs.
Marisa
Christina's
product
line
also
includes
a
selection
of
other
"classic
look"
garments
encompassing
knitted
and
casual
sportswear
and
complementary
pieces
such
as
skirts,
slacks
and
jackets,
many
of
which
also
are
produced
in
large
sizes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Marisa
Christina
designs,
manufactures,
sources
and
markets
a
broad
line
of
clothing
under
the
names
``Marisa
Christina''
and
``Flapdoodles''
for
children.
For
the
six
months
ended
6/30/01,
net
sales
fell
49%
to
$13.6
million.
Net
loss
fell
70%
to
$1.2
million.
Revenues
reflect
lower
sales
volume
with
department
stores
and
discounters.
Lower
loss
reflects
the
absence
of
costs
associated
with
Flapdoodles
and
improved
pricing
on
selective
sales
of
MC. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
4,892;
after
tax
earnings
were
-1,398. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Michael Lerner, 56 Chairman,
Pres, CEO | $500K | S. Hecht, 66 Vice
Chairman, CFO and Treasurer | 250K | G. Michael Dees, 47 Director;
Pres of Marisa Christina Apparel | 300K | Christine Carlucci, 43 Exec.
VP - Admin. and Operations, Sec., Director | 175K | Dollar
amounts are as of 31-Dec-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
|
|