| Business Summary | | Mossimo,
Inc.
designs,
manufactures
and
distributes
collections
of
men's,
women's,
boy's
and
girl's
apparel
and
footwear,
home
textiles,
cosmetics
eyewear,
women's
swimwear
and
bodywear
and
other
fashion
accessories
such
as
jewelry,
watches,
handbags,
belts,
neckwear
and
gloves.
In
March
28,
2000,
the
Company
entered
into
a
multi-year
licensing
agreement
(the
Target
Agreement)
with
Target
Corporation
(Target).
Under
terms
of
the
Target
Agreement,
Target
has
the
exclusive
United
States
license
for
production
and
distribution
through
Target
stores
of
substantially
all
Mossimo
products
sold
in
the
United
States,
other
than
those
covered
under
previously
existing
Mossimo
licensing
arrangements. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MGXO
designs,
sources
and
markets
contemporary
men's
activewear
and
men's
and
women's
sportwear.
MGXO
also
designs,
sources
and
markets
eyewear
and
watches,
and
licenses
its
trademarks
for
use
in
other
collections.
For
the
six
months
ended
6/30/01,
the
Co.
reported
no
revenues,
vs.
$24.1
million.
Net
inc.
totalled
$3.8
million,
vs.
a
loss
of
$11.8
million.
Revenues
reflect
the
termination
of
all
sourcing,
production
and
sales
operations
Income
reflects
lower
SG&A
expenses
due
to
restructuring. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Mossimo Giannulli, 37 Chairman,
Pres, CEO | $750K | Gia Castrogiovanni, 41 Sr.
VP, Treasurer, Sec. | 200K | 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
|
|