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Business Overview

K-Swiss Inc. (K-Swiss) designs, develops and markets an array of athletic footwear Footwear consists of garments worn on the feet. It is worn for a variety of reasons, including protection against the environment, hygiene and adornment. Usually, socks and other hosiery are worn between the feet and the footwear, except for sandals and flip flops (thongs).  for high-performance sports use, fitness activities and casual wear under the K-Swiss brand. It also designs and manufactures footwear under the Royal Elastics brand. Royal Elastics, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, is a manufacturer of slip-on, laceless footwear. The company operates in operates in two categories: Footwear, and Apparel and Accessories. K-Swiss market its products in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  primarily to a limited number of specialty athletic footwear stores, pro shops, sporting good stores and department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. . K-Swiss operates through six international subsidiaries and 16 distributors. For the year ended December 31, 2004, the Foot Locker Foot Locker, Inc. (NYSE: FL) is a major American sportswear and footwear retailer, with its headquarters in New York City, and operating in approximately 20 countries worldwide. It is the successor corporation to the F.W. Woolworth Company (“Woolworth’s”).  group of stores and affiliates accounted for approximately 21% of the company's domestic revenues.
WEEKLY PROFILE

K-SWISS INC.

Income Statement                LTM *       2004

Revenue (millions)             $504.6     $484.1
Operating Income (millions)     104.6       99.0
Net Income (millions)            79.3       71.3
EPS                              $2.21      $1.96

Summary

Headquarters: Westlake Village
Market Cap: $1.1 billion
Dividend Yield: 0.64%
P/E Ratio: 14.10

* Latest 12 months ended September 2005
COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTRY-BASED COMPANIES; K-Swiss Inc.
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 30, 2006
Words:180
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