K-Swiss reports Q2 loss
05/08/2010
Sales for the first six months of this year are down 12% compared to the first half of 2009 at $112.7 million, $46.6 million from the US market and $66.1 million from the rest of the world.
In a statement, company chairman, Steven Nichols, explained that investments it was making in innovation to drive forward both the K-Swiss and Palladium brands were bearing fruit, but were part of the explanation for these results.