| Business Summary | | Jenna
Lane,
Inc.
designs,
manufactures
and
markets
junior,
missy
and
large-size
basic
sportswear,
basic
fashion
sportswear
and
fashion
knit
and
woven
sportswear
and
other
apparel
for
women
and
children.
The
Company
operates
through
eight
sales
groups
comprised
of
Jenna
Lane,
JLNY,
Smart
Objects,
T.L.C.
for
Kidz,
Impatiens,
Mail
Order,
Bongo
and
U.S.
Polo
Association.
On
July
10,
2000,
the
Company
announced
that,
in
response
to
an
involuntary
Chapter
7
petition
filed
on
June
30,
2000
against
the
Company,
it
consented
to
the
conversion
of
the
proceeding
to
one
under
Chapter
11
of
the
Bankruptcy
Code
with
the
United
States
Bankruptcy
Court
for
the
Southern
District
of
New
York. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Jenna
Lane,
Inc.
designs,
manufactures
(through
contractors)
and
imports
women's
and
children's
sportswear
and
other
apparel
for
the
domestic
and
retail
market.
For
the
nine
months
ended
12/31/99,
revenues
increased
21%
to
$48.6
million.
Net
loss
totalled
$2
million
vs.
income
of
$322
thousand.
Results
reflect
the
addition
of
the
children's
sales
group
and
the
JLNY
sales
group,
offset
by
inventory
liquidation,
increase
in
customer
discounts,
and
additional
personnel. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Mitchell Herman, 47 Chairman | -- | Charles Sobel, 39 Co-CEO,
Eexecutive VP | $454K | Mitchell Dobies, 41 Pres,
Treasurer, Co-CEO | 454K | Kathleen Dressel, 33 Sec. | -- | Eric Holtz, 33 Director
of Import Sales Group | 304K | Dollar amounts are as of 31-Mar-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
|
|