| Business Summary | | Gerber
Childrenswear,
Inc.
produces
and
sells
infant
and
toddler
sleepwear,
playwear,
underwear,
bedding,
bath,
cloth
diapers
and
other
products
under
the
Gerber,
Baby
Looney
Tunes,
Little
Suzy's
Zoo
and
Curity
licensed
brand
names,
the
Onesies
trademark
and
private
labels.
The
Company
is
also
engaged
in
the
production
and
sale
of
sport
socks
for
men,
women
and
children.
Auburn
Hosiery
Mills,
Inc.
(Auburn),
acquired
in
December
1997,
is
a
subsidiary
that
conducts
the
hosiery
segment
of
the
Company's
business,
which
consists
of
the
production
and
sale
of
branded
sport
socks
under
licensed
brand
names,
such
as
Wilson,
Coca-Cola,
Converse
and
Dunlop,
to
retailers
in
the
United
States
and/or
Europe.
Auburn
conducts
operations
in
the
United
States
and
Ireland,
and
markets
to
a
diversified
customer
base,
including
volume
retailers,
department
stores,
wholesale
clubs
and
sporting
good
chains. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GCW
is
a
marketer
of
infant
and
toddler
apparel
and
related
products,
offering
products
under
Gerber,
as
well
as
the
Baby
Looney
Tunes
and
Curity
brand
names,
and
Onesies
trademark.
For
the
six
months
ended
6/30/01,
net
sales
fell
13%
to
$103.4
million.
Net
income
fell
2%
to
$6.1
million.
Results
reflect
lower
apparel
sales
due
to
a
reduction
in
sales
of
seasonal
products
and
lesser
emphasis
on
designer
clothes,
offset
by
a
gain
on
curtailment
of
postretirement
benefit
funds. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Edward Kittredge, 62 Chairman,
Pres, CEO | $472K | Richard Solar, 61 CFO,
Sr. VP, Assistant Sec., Director | 236K | Bobby Prochaska, 60 Pres
and COO of the Company's Apparel Division | 351K | David Uren, 57 VP
of Fin., Sec. and Treasurer | 173K | 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
|
|