Success In Acquiring Sports Shoes Brand K-Swis

< p > accompanied by the US campaign < a target= "_blank" href= "//www.sjfzxm.com/" > shoes /a > K-Swiss K-Swiss Inc. K-Swiss, submitted to the United States Securities and Exchange Commission in April 30th, after the sale was completed, the management of K-Swiss Gwai Wei also made a big change.

The CEO of E.Land World Ltd. will be the chairman of the Truman Kim board. Larry Remington has been appointed president and chief executive officer of the group; Barney Waters has been promoted to Chief Marketing Officer; Wim Tuijl is managing director of Europe, Middle East and Africa; and she will remain chief operating officer.

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< p > at the same time, K-Swiss Inc. CEO Steven Nichols and former CEO David Nichols both left the company.

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< p > January 16th this year, the Korean E.Land World Ltd. clothing and love group bought a US sports shoes brand Inc. Inc. for $4.75 a share, amounting to US $170 million per share. The price is 49% higher than the closing price of K-Swiss Inc. on the Nasdaq Stock Exchange at 3.19 US dollars.

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< p > K-Swiss Inc. (NASDAQ:KSWS) GI Wai released its fourth quarter and full year earnings for December 31, 2012 as of February 27th, with a net loss of $14 million 516 thousand in the fourth quarter or $-0.41 per share, narrowing compared with a net loss of $25 million 185 thousand a year or $-0.71 per share.

The net loss in fiscal year 2012 was US $34 million 779 thousand, or earnings per share -0.98 US dollars, a net loss of US $70 million 471 thousand in the same period last year, or -1.98 US dollars per share.

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< p > the fourth quarter of December 31, 2012, the total revenue of K-Swiss Inc. Gwai Wei was 41 million 230 thousand US dollars, down 17.8% from the same period last year. The total revenue last year was US $50 million 163 thousand, of which domestic income decreased by 31.4% to 14 million 11 thousand US dollars, and international income decreased 8.5% to 27 million 219 thousand US dollars.

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< p > in the 2012 fiscal year ending December 31, 2012, gross revenue of K-Swiss Inc. fell 17%, from 268 million 357 thousand US dollars in the same period last year to 222 million 851 thousand US dollars, of which domestic income dropped 35% to 75 million 872 thousand US dollars, and international income decreased 3% to 146 million 979 thousand US dollars.

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< p > up to December 31, 2012, global orders increased from 4.6% to 76 million 471 thousand US dollars from January 2013 to June, compared with 73 million 138 thousand US dollars in the same period last year, of which domestic orders increased by 1.3% to 22 million 158 thousand US dollars, compared with 21 million 879 thousand US dollars in the same period last year, and international orders increased 6% to 54 million 313 thousand dollars, compared with 51 million 259 thousand US dollars in the same period last year.

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