| Business Summary | | Harolds
Stores
Inc.,
together
with
its
wholly
owned
subsidiaries,
offers
classically
inspired
apparel
to
consumers
primarily
in
the
20-
to
50-year-old
age
group
through
a
53-store
location
chain
of
women's
and
men's
specialty
apparel
stores
in
22
states.
The
merchandise
mix
in
women's
apparel
includes
coordinated
sportswear,
dresses,
outerwear,
shoes
and
accessories,
in
updated
classic
styles.
The
men's
apparel
product
line
includes
tailored
clothing,
furnishings,
sportswear
and
shoes.
More
than
90%
of
sales
consist
of
the
Company's
designs,
which
are
controlled
by
Harold's
own
stylists
and
designers
and
resourced
by
Harold's
buyers
from
domestic,
European
and
Asian
manufacturers.
The
remainder
consists
of
branded
merchandise
selected
to
complement
Harolds
merchandise
presentation.
The
Company's
stores
are
strategically
located
in
malls
with
other
upscale
specialty
retailers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Harolds
Stores
Inc.
owns
and
operates
a
chain
of
ladies'
and
men's
specialty
apparel
stores
located
primarily
in
the
South
and
Southwest.
For
the
13
weeks
ended
5/5/01,
net
sales
decreased
22%
to
$26.7
million.
Net
loss
applicable
to
Common
totaled
$2.2
million
vs.
an
income
of
$44
thousand.
Revenues
reflect
disappointing
ladies'
merchandise
sales.
Net
loss
also
reflects
decreased
margins
due
to
increased
markdowns. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Clark Hinkley, 59 CEO,
Director | -- | Jodi Taylor CFO | $180K | Rebecca Powell Casey, 49 Exec.
VP- trend and design, Director | 273K | Kenneth Row Exec. VP-marketing | 200K | Jeffrey Morrell VP
- HR | -- | Dollar amounts are as of 30-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
|
|