| Business Summary | | Candies,
Inc.
is
engaged
primarily
in
the
design,
marketing
and
distribution
of
women's
casual
and
fashion
footwear
under
the
Candie's
and
Bongo
trademarks.
Its
footwear
is
distributed
to
department,
specialty,
chain
and
nine
Company-owned
retail
stores
in
the
United
States,
and
to
specialty
stores
internationally.
The
Company
markets
and
distributes
children's
footwear
under
the
Candie's
and
Bongo
trademarks,
as
well
as
a
variety
of
men's
workboots,
hiking
boots,
winter
boots
and
outdoor
casual
shoes
designed
and
marketed
under
private
labels.
The
Aspen
brand,
which
is
licensed
by
the
Company
from
a
third-party
through
Bright
Star
Footwear,
Inc.,
is
a
wholly
owned
subsidiary.
Fashion
trend
information
is
compiled
by
the
Company's
design
team
through
various
methods,
including
travel
to
Europe
and
throughout
the
world
to
identify
and
confirm
seasonal
trends
and
shop
relevant
markets,
utilization
of
outside
fashion
forecasting
services
and
attendance
at
trade
shows. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Candie's
is
primarily
engaged
in
the
design,
marketing
and
importation
of
women's
and
girls'
casual
and
fashion
footwear
and
handbags
under
the
CANDIES
and
BONGO
trademarks
for
distribution
to
retailers.
For
the
three
months
ended
4/30/01,
net
revenues
fell
6%
to
$23.9
million.
Net
income
fell
15%
to
$393
thousand.
Revenues
reflect
the
discontinuance
of
handbag
line
and
lower
sales
of
Kid's
footwear.
Earnings
reflect
higher
S/G/A
costs
and
the
absence
of
equity
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Neil Cole, 44 Chairman,
Pres and CEO | $510K | Richard Danderline, 47 Exec.
VP-Fin. and Operations | 146K | Deborah Sorell Stehr, 38 Sr.
VP, Sec., Gen. Counsel | 192K | Dollar amounts are as of 31-Jan-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
|
|