| Business Summary | | Ridgeview,
Inc.
designs,
manufactures
and
markets
a
complete
range
of
sports,
rugged
outdoor
and
heavyweight
casual
socks
as
well
as
a
wide
variety
of
women's
hosiery
products,
including
tights,
trouser
socks,
pantyhose
and
knee-highs.
The
Company
sells
its
products
to
sporting
goods
and
active
apparel
stores,
department
stores,
discount
stores
and
a
variety
of
other
retailers.
In
addition,
the
Company
produces
sports
socks
for
sale
by
others
under
such
widely-recognized
brand
names
as
Adidas,
ASICS,
Bass,
Brooks,
Fila,
Head
Sportswear,
IZOD,
New
Balance
and
Reebok
and
women's
hosiery
products
for
sale
under
the
Liz
Claiborne
and
Elisabeth
brand
names.
Under
license
agreements,
the
Company
produces
and
sells
socks
and
women's
hosiery
directly
to
retailers
under
the
brand
names
Coleman,
Ellen
Tracy,
Evan-Picone,
Rockport
and
Woolrich. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RIDG
designs,
manufactures
and
markets
a
complete
range
of
sports,
rugged
outdoor
and
heavyweight
casual
socks,
as
well
as
women's
hosiery
including
tights,
trouser
socks,
pantyhose
and
knee-highs.
For
the
nine
months
ended
9/99,
net
sales
rose
3%
to
$76
million.
Net
loss
rose
83%
to
$1.9
million.
Revenues
reflect
the
acquisition
of
Tri-Star.
Net
loss
reflects
the
inclusion
of
a
$917
thousand
loss
from
the
shut
down
of
a
subsidiary,
and
increased
interest
expense. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998 Pay | |
| Albert Gaither, 67 Chairman | -- | Hugh Gaither, 48 Pres,
CEO | $272K | Steve Shumaker CFO | -- | J. Gaither, 46 Sec. | -- | Joseph Royall, 38 Pres
- Sock Bus. Group | 148K | Dollar amounts are as of 31-Dec-1998 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
|
|