| Business Summary | | FTS
Apparel,
Inc.
is
in
the
business
of
designing
and
selling
high
quality
designer/casual
sportswear
and
accessories,
focusing
on
athletic
and
casual
lifestyle
clothing.
All
of
the
Company's
products
prominently
display
its
"Flip
The
Switch"
and
"FTS"
trademarks
and
logos.
The
Company
markets
its
products
with
a
sports
orientated
approach,
primarily
by
endorsements
from
professional
athletes
and
sports
personalities.
The
Company's
current
target
market
is
retail
buyers
of
young
men's
designer
sports
apparel.
The
Company's
product
line
includes
shirts,
jackets,
vests,
pants
and
caps
in
various
styles
and
colors
that
it
believes
are
attractive
and
appealing
to
this
group
of
consumers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FTS
Apparel,
Inc.
is
engaged
in
the
business
of
selling
casual
sportswear
and
accessories,
focusing
on
athletic
and
active
lifestyle
clothing.
For
the
three
months
ended
3/01,
revenues
totalled
$121
thousand,
up
from
$11
thousand.
Net
loss
increased
68%
to
$416
thousand.
Revenues
reflect
the
Company's
contracting
for
production
of
merchandise
overseas
and
increased
retail
outlets.
Higher
loss
reflects
the
inclusion
of
$80
thousand
for
the
writedown
of
inventory. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| LeRoy Landhuis, 45 Chairman,
CEO | $138K | Roger Burnett, 30 Pres,
CFO, Director | 30K | David Cocolin COO | -- | J. Fisher DeBerry, 61 Exec.
VP | -- | Joseph DeBerry, 29 Sr.
VP, Sec., Treasurer, Director | 30K | Dollar amounts are as of 31-Dec-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
|
|