| Business Summary | | Russ
Berrie
and
Company,
Inc.
designs,
manufactures
through
third
parties
and
markets
a
wide
variety
of
gift
products
to
retail
stores
throughout
the
United
States
and
countries
throughout
the
world.
The
Company's
product
line
of
approximately
6,000
items
(including
distinctive
variations
on
basic
product
designs)
is
marketed
under
the
trade
name
and
trademark
Russ.
This
line
encompasses
both
seasonal
and
everyday
products
that
focus
on
theme
or
concept
groupings
such
as
collectible
heirloom
bears,
stuffed
animals,
wedding,
anniversary
and
baby
gifts,
tabletop
accessories
and
home
decor
(including
candles
and
accessories),
collectible
glass,
porcelain
and
ceramic
gifts
and
contemporary
lifestyle
gifts
and
accessories.
Extensive
seasonal
lines
include
products
for
all
major
holidays.
In
addition,
Bright
of
America,
Inc.,
a
wholly
owned
subsidiary,
principally
markets
placemats
and
candles,
as
well
as
aromatic
products
such
as
potpourri
and
incense
directly
to
mass
merchandisers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Russ
Berrie
designs,
manufactures,
and
markets
a
wide
variety
of
gift
products
to
retail
stores
throughout
the
United
States
and
the
world.
For
the
six
months
ended
6/30/01,
net
sales
rose
1%
to
$137.2
million.
Net
income
fell
13%
to
$14.6
million.
Revenues
reflect
an
early
shipment
of
Christmas
merchandise.
Net
income
was
offset
by
gross
profit
erosion
and
the
unfavorable
impact
charge
from
the
stock
option
repricing
in
2000. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Russell Berrie, 68 Chairman
and CEO | $1.2M | Benjamin Sottile, 63 Vice
Chairman | -- | John Wille, 45 CFO,
VP | -- | John Toolan, 42 Exec.
VP of Sales and Marketing | -- | Ricky Chan, 48 Sr.
VP - Product Devel. and Exec. VP - Far East Operations | 595K | 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
|
|