| Business Summary | | Simon
Worldwide,
Inc.,
formerly
Cyrk,
Inc.
is
a
full-service
promotional
marketing
company
specializing
in
the
design
and
development
of
promotional
products
and
sales
promotions.
The
Company's
promotional
products
and
services
are
sold
to
consumer
product
and
services
companies
seeking
to
promote
their
brand
names
and
corporate
identities
and
to
build
brand
loyalty.
The
Company
custom
designs
products
in
a
broad
spectrum
of
categories,
including
apparel
and
accessories,
hard
goods,
toys
and
electronics,
in
materials
ranging
from
fabrics
and
plastics
to
metals
and
paper.
Customers
include
McDonald's,
Philip
Morris
Incorporated
and
other
companies
with
recognized
brands.
The
programs
developed
and
managed
by
the
Company
typically
reward
the
consumer
with
promotional
products
that
are
distributed
upon
redemption
of
proofs
of
purchase
or
as
gifts
with
the
purchase
of
other
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Simon
Worldwide,
Inc.
designs,
manufactures
and
distributes
high
quality
products
for
promotional
programs.
For
the
six
months
ended
6/30/01,
net
sales
fell
46%
to
$217.6
million.
Net
loss
applicable
to
Common
rose
83%
to
$19.6
million.
Revenues
reflect
reduced
revenues
associated
with
McDonalds
and
the
2/01
sale
of
the
CPG
business.
Loss
also
reflects
increased
restructuring
and
other
nonrecurring
charges
and
the
absence
of
$3.2
million
of
investment
gains. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Allan Brown, 60 CEO,
Director | $2.6M | Paul Meade CAO, Controller | -- | 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
|
|