| Business Summary | | E
Com
Ventures,
Inc.
is
a
holding
company
that
owns
and
operates
Perfumania
retail
stores,
the
Internet
site,
perfumania.com
and
a
wholesale
fragrance
business.
The
Company
also
provides
Internet
fulfillment
and
other
services
to
various
other
companies.
Perfumania
is
a
specialty
retailer
and
wholesale
distributor
of
a
wide
range
of
brand
name
and
designer
fragrances.
As
of
February
3,
2001,
Perfumania
operated
a
chain
of
257
retail
stores,
specializing
in
the
sale
of
fragrances
at
discounted
prices
up
to
75%
below
the
manufacturer's
suggested
retail
prices.
Perfumania's
wholesale
division
distributes
approximately
500
stock
keeping
units
of
fragrances
and
related
products
to
approximately
13
customers,
including
national
and
regional
chains
and
other
wholesale
distributors
throughout
North
America
and
overseas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | E
Com
Ventures
is
a
specialty
retailer
and
wholesale
distributor
of
fragrances
and
related
products.
As
of
02/01,
the
Company
operated
257
stores
located
in
regional
malls,
outlet
malls,
airports
and
on
a
stand-alone
basis.
For
the
13
weeks
ended
5/5/01,
net
sales
rose
2%
to
$40.6
million.
Net
loss
fell
49%
to
$3.4
million.
Results
reflect
the
acquisition
of
Perfumania.com,
the
opening
of
eight
new
stores
and
the
absence
of
a
$1.2
million
equity
loss
in
affiliate. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Ilia Lekach, 51 Chairman,
CEO | $420K | Jerome Falic, 36 Pres
and Vice Chairman | 323K | A. Mark Young, 37 CFO | -- | Marc Finer, 38 Director;
Pres of the Retail Division of Perfumania | 226K | Claire Fair, 40 VP
of HR | 167K | Dollar amounts are as of 29-Jan-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
|
|