| Business Summary | | Signature
Eyewear,
Inc.
and
its
subsidiaries
design,
market
and
distribute
prescription
eyeglass
frames
and
sunglasses,
primarily
under
exclusive
licenses
for
Laura
Ashley
Eyewear,
Eddie
Bauer
Eyewear,
Hart
Schaffner
&
Marx
Eyewear,
Nicole
Miller
Eyewear
and
bebe
eyes,
as
well
as
its
proprietary
brands,
including
Dakota
Smith,
Camelot
and
the
Signature
line.
The
Company
attributes
its
success
to
its
brand-name
development
process,
high
quality,
creative
frame
designs
and
its
sales
programs.
The
Company's
best-selling
product
lines
are
Laura
Ashley
Eyewear
and
Eddie
Bauer
Eyewear.
Frames
in
the
Laura
Ashley
Eyewear
line
are
feminine
and
classic,
and
are
positioned
in
the
medium
to
mid-high
price
range.
The
Eddie
Bauer
Eyewear
collection
offers
men's
and
women's
styles,
and
is
positioned
in
the
medium-price
segment
of
the
brand-name
prescription
eyewear
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Signature
Eyewear
designs,
markets
and
distributes
prescription
eyeglass
frames
primarily
under
exclusive
licenses
for
Laura
Ashley,
Eddie
Bauer,
Hart
Schaffner
and
Marx,
as
well
as
its
own
private
labels.
For
the
six
months
ended
4/30/01,
revenues
fell
8%
to
$22.4
million.
Net
income
totaled
$333
thousand
vs.
a
loss
of
$2.7
million.
Revenues
reflect
the
discontinuation
of
private
label
and
accessories.
Net
income
reflects
lower
frame
costs
and
a
reduction
in
staff. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Bernard Weiss, 62 Chairman,
CEO | $230K | Michael Prince, 51 CFO | 215K | Robert Fried, 56 Sr.
VP of Marketing | 215K | Robert Zeichick, 50 VP
of Advter. and Sales Promotion | 215K | 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
|
|