| Business Summary | | Bernard
Chaus,
Inc.
designs,
arranges
for
the
manufacture
of
and
markets
an
extensive
range
of
women's
career
and
casual
sportswear,
principally
under
the
Josephine
Chaus
Collection,
Josephine
Chaus
Studio,
Josephine
Chaus
Essentials
and
Josephine
Chaus
Sport
trademarks.
The
Company's
products
are
sold
nationwide
through
department
store
chains,
specialty
retailers
and
other
retail
outlets.
The
Company
has
positioned
its
Chaus
product
line
into
the
opening
price
points
of
the
"better"
category.
In
February
1999,
the
Company
announced
the
introduction
of
two
new
brand
names,
Josephine
Chaus
Studio
and
Josephine
Chaus
Essentials,
as
part
of
an
effort
to
better
serve
the
lifestyle
needs
of
women.
In
addition,
the
Company
announced
the
relaunch
of
its
Chaus
career
sportswear
and
Chaus
Sport
casual
sportswear
businesses
under
the
brand
names
Josephine
Chaus
Collection
and
Josephine
Chaus
Sport,
respectively. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Bernard
Chaus
designs,
sources
and
markets
a
range
of
women'scareer
and
casual
sportswear,
sold
nationwide
through
department
stores,
specialty
retailers
and
other
outlets.
For
the
nine
months
ended
3/01,
net
sales
fell
22%
to
$115
million.
Net
loss
totaled
$5.6
million
vs.
an
income
of
$5.4
million.
Revenues
reflect
a
decrease
in
units
shipped
as
a
result
of
a
difficult
women's
retail
environment.
Net
loss
reflects
a
lower
gross
profit
due
to
a
decrease
in
initial
markup. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Josephine Chaus, 49 Chairman
and CEO | $525K | Greg Mongo, 39 Pres | -- | Nicholas DiPaolo, 59 Vice
Chairman, COO | -- | Barton Heminover, 46 VP,
Controller, Assistant Sec. | 175K | Judith Leech VP of Design | -- | Dollar
amounts are as of 30-June-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
|
|