| Business Summary | | Garan,
Inc.
is
engaged
in
the
design,
manufacture,
and
sale
of
apparel
for
men,
women,
and
children,
including
boys,
girls,
toddlers,
and
infants.
The
Company's
apparel
is
sold
primarily
to
mass
merchandisers,
major
national
chain
stores,
department
stores,
and
specialty
stores.
Garan
distributes
children's
apparel
under
several
of
its
own
trademarks
including,
principally,
GARANIMALS,
and
to
a
lesser
extent,
GARAN.
Garan
also
distributes
apparel
under
various
trademarks
licensed
from
third
parties.
The
Company
is
the
exclusive
licensee
of
the
trademark
BOBBIE
BROOKS
for
girls'
and
women's
apparel.
The
Company
also
licenses
its
GARANIMALS
trademark
and
sublicenses
the
BOBBIE
BROOKS
trademark
to
non-affiliates. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Garan
Inc.
designs,
manufactures
and
sells
apparel
for
children,
men
and
women.
Products
are
distributed
under
the
trademarks
Garan,
Garanimals,
and
other
names.
For
the
nine
months
ended
6/30/01,
net
sales
rose
7%
to
$166.9
million.
Net
income
rose
42%
to
$14.5
million.
Revenues
reflect
increased
units
shipped
in
the
Childrenswear
Division.
Net
income
reflects
lower
duty
rates
on
a
Caribbean
Basin
production
and
lower
production
costs
due
to
improved
manufacturing
efficiencies. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Seymour Lichtenstein, 74 Chairman
and CEO | $1.5M | Jerald Kamiel, 57 Pres,
COO | 1.2M | Rodney Faver, 62 VP
- Manufacturing | -- | Marvin Robinson, 67 VP,
Gen. Counsel, Sec. | 200K | William Wilson, 60 VP
- Fin. and Admin. | 690K | Dollar amounts are as of 30-Sep-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
|
|