| Business Summary | | Innovo
Group
Inc.
is
a
holding
company
whose
principal
assets
consist
of
its
wholly
owned
operating
subsidiary,
Innovo,
Inc.
Innovo
designs,
markets,
sources
and
distributes
fashion
and
sports
licensed
nylon
and
canvas
bags
and
products,
for
the
retail,
premium
and
advertising
specialty
markets.
Under
licensing
agreements,
the
Company's
sports
lines
feature
the
designs
of
major
sports
leagues,
collegiate
teams
and
certain
cartoon
characters.
The
Company's
primary
customers
include
major
retailers
such
as
Wal-Mart,
K-Mart,
Michael's,
Hobby
Lobby,
Dollar
General,
Goody's
and
Joanne's. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | INNO
designs,
manufactures
and
domestically
markets
and
distributes
various
cut
and
sewn
canvas
and
nylon
consumer
products,
such
as
tote
bags
and
insulated
lunch
bags
and
coolers,
along
with
aprons
and
vests,
for
sale
in
the
premium
and
advertising
specialty
market.
For
the
six
months
ended
6/2/01,
revenues
rose
63%
to
$3.1
million.
Net
loss
from
continuing
operations
decreased
96%
to
$62
thousand.
Results
reflect
greater
demand
for
craft
products,
and
lower
employee
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Samuel Furrow, 59 Chairman | -- | Patricia Anderson-Lasko, 41 CEO,
Director | $201K | Samuel Furrow, Jr., 27 Pres,
COO, Acting Chief Financial Officer, Director | 100K | Donna Drewrey, 27 Sec. | -- | Dollar
amounts are as of 30-Nov-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
|
|