| Business Summary | | Nautica
Enterprises,
Inc.,
through
its
subsidiaries,
designs,
sources,
markets,
and
distributes
apparel
under
the
following
brands:
Nautica;
Nautica
Competition;
NST-Nautica
Sport
Tech;
Nautica
Jeans
Company;
John
Varvatos;
E.
Magrath;
and
Byron
Nelson.
These
products
feature
classic
and
contemporary
styling,
quality
fabrics
and
functionality.
The
Company's
in-store
shop
programs
for
the
Nautica,
Nautica
Competition
and
Nautica
Jeans
Company
collections
are
an
integral
part
of
its
marketing
strategy
for
its
wholesale
business.
In
addition
to
its
wholesale
business,
the
Company
operates
outlet
stores
that
provide
an
additional
sales
channel
for
Nautica
products
and
allows
for
the
organized
distribution
of
excess
and
out-of-season
merchandise.
The
Company
also
strategically
extends
the
Nautica
brands
and
broadens
the
international
distribution
of
the
Nautica
apparel
collection
through
license
arrangements. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NAUT
designs,
sources
and
markets
men's
apparel
under
the
Nautica,
E.
Magrath
and
Byron
Nelson
brands.
For
the
13
weeks
ended
6/2/01,
net
sales
increased
11%
to
$135.2
million.
Net
income
increased
3%
to
$3.2
million.
Revenues
reflect
increased
unit
volumes
and
new
product
lines.
Net
income
was
partially
offset
by
increased
S/G/A
expenses
due
to
costs
associated
with
the
continued
construction
of
the
Company's
new
distribution
facility. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Harvey Sanders, 51 Chairman,
Pres, CEO | $1.5M | Wayne Marino CFO | -- | Alexander Cannon Pres
-- Merchandising, Nautica International, Inc., | 1.0M | Paulette McCready Pres
-- Nautica Jeans Company | 644K | John Wetzler, 55 Pres
of Nautica Retail USA, Inc. | -- | Dollar amounts are as of 3-Mar-2001 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
|
|