| Business Summary | | Planet
Hollywood
International,
Inc.
is
a
creator
and
worldwide
developer
of
consumer
brands
that
capitalize
on
the
appeal
of
movies,
sports
and
other
entertainment-based
themes.
The
Company
has
promoted
its
brands
primarily
through
the
operation
of
theme
restaurants,
most
notably
Planet
Hollywood,
that
provide
dining
and
entertainment.
Through
integrated
retail
stores,
the
Company
offers
a
broad
selection
of
merchandise
displaying
its
logos.
An
important
part
of
the
Company's
strategy
has
been
to
promote
its
brands
through
the
active
involvement
of
celebrities
and
celebrity
stockholders.
In
addition,
the
Company's
theme
restaurants
are
characterized
by
distinctive
design
features,
and
are
generally
located
at
high-profile
sites
or
in
major
tourist
markets.
Units
generally
range
in
size
from
approximately
12,000
to
36,000
square
feet,
and
in
seating
capacity
from
230
to
600
persons. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PHWD
operates
and
franchises
Planet
Hollywood
and
Official
All-Star
Cafe
theme
restaurants,
which
also
offer
retail
merchandise
displaying
Company
logos.
For
the
13
weeks
ended
4/1/01,
revenues
fell
24%
to
$33.2
million.
Net
loss
fell
20%
to
$10.6
million.
Revenues
reflect
the
closing
of
six
restaurants
and
lower
franchise
sales.
Lower
loss
reflects
lower
operating
expenses
and
a
$5.2
million
gain
on
the
dissolution
of
joint
venture. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Robert Earl, 48 Chairman
and CEO | $607K | Christopher Thomas Pres,
CFO, Director | -- | William Baumhauer, 50 COO,
Director | 319K | Thomas Avallone, 41 Exec.
VP, Director | 382K | James Stanley, 49 Sr.
VP of Operations | 242K | Dollar amounts are as of 31-Dec-1999 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
|
|