| Business Summary | | K-Swiss
Inc.
designs,
develops
and
markets
a
growing
array
of
athletic
footwear
for
high
performance
sports
use,
fitness
activities
and
casual
wear.
The
K-Swiss
"Classic"
shoe
has
evolved
from
a
high-performance
shoe
into
a
casual,
lifestyle
shoe.
The
Company
sells
its
products
in
the
United
States
through
independent
sales
representatives,
primarily
to
specialty
athletic
footwear
stores,
pro
shops,
sporting
good
stores
and
department
stores.
It
also
sells
its
products
to
a
number
of
foreign
distributors.
The
Company
now
has
sales
offices
or
distributors
throughout
the
world. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | K-Swiss
designs,
develops
and
markets
high
performance
and
casual
athletic
footwear.
KSWS
also
markets
a
line
of
K-Swiss
apparel
and
accessories
manufactured
by
third
parties.
For
the
six
months
ended
6/30/01,
revenues
rose
1%
to
$123.7
million.
Net
income
decreased
5%
to
$10.7
million.
Revenues
reflect
increased
international
sales
of
athletic
footwear.
Earnings
were
offset
by
the
employee
incentive
bonus
and
a
higher
effective
tax
rate. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Steven Nichols, 58 Chairman
and Pres | $1.3M | George Powlick, 56 CFO,
VP-Fin., Sec., Director | 438K | Thomas Harrison, 58 Sr.
VP | 291K | Edward Flora, 49 VP--Operations | -- | Preston Davis, 56 VP--Sales | 292K | 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
|
|