Genesco Inc

Article Abstract:

Genesco Inc, manufacturer of men's casual shoes and clothing, is spending $2.1 million to develop its new casual shoe lines, Dockers and Nautica. Although Genesco's earnings for the fiscal year which ended Jan 1992 decreased to one cent a share, its Boot Factory subsidiary had tripled its sales in just three years of operation. It was also a good year for its Mitre division, which manufactures athletic shoes and apparel. At The Greif Cos, maker of men's apparel, sales fell from $476 million to $472 million. In spite of this, Chmn and CEO William Wire says that company growth and expansion are meeting expectations.

Finance

---

Signal Apparel Co., Inc

Article Abstract:

Signal Apparel Company Inc posted a 65% revenue hike for the Sep 1992 quarter mainly because of its Shirt Shed Inc division. The apparel manufacturer, however, experienced minimal sales for its 'Batman Returns' products. Signal Apparel has shifted to active wear and knits for its retail business. The satisfactory performances of its Keds Apparel and Riddell Athletics segments have also fostered the management's optimism. Dir Paul Greenwood and WG Partners LP acquired 27,400 shares at 15 1/4 last Oct 1992. The company has no dividends on its 8.5 million Class A and B shares.

APPAREL AND OTHER TEXTILE PRODUCTS, APPAREL AND ACCESSORY STORES, Men's and boys' clothing, not elsewhere classified, Women's & misses' blouses & shirts, Signal Apparel Company Inc.

---

Genesco Inc

Article Abstract:

New Genesco Inc Pres and COO E. Douglas Grindstaff has invested more than $500,000 of his own money in open-market purchases of 100,000 shares of the company he runs. Grindstaff's purchase has supported the claim of Genesco Chmn and CEO William S. Wire II that the clothing manufacturer and wholesaler will become more competitive after the recession as a result of its downsizing.April qtr losses have been cut as all brands hiked up sales figures with excellent performances by western boots and athletic shoes. No dividends are paid on 23 million common shares.

Rubber and plastics footwear, Footwear industry

Similar abstracts:

• Abstracts: Owens & Minor Inc. Abbey Healthcare Group Inc. Beckman Instruments, Inc
• Abstracts: CyCare Systems Inc. Seitel Inc
• Abstracts: Prediction of the metabolic cost of walking with and without loads. Metabolic rate and clothing insulation data of children and adolescents during various school activities
• Abstracts: Gerontographics: a scientific approach to analyzing and targeting the maturemarket. Affinity marketing: what is it and how does it work?
• Abstracts: Partnership procedure. Liquidating the partnership: an analysis of the issues and opportunities. How to exploit the interaction between Subchapter K and the alternative minimum tax

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.