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PostPosted: Mon 21:30, 12 Aug 2013    Post subject: Phoenix Footwear adds Bahama line

Phoenix Footwear adds Bahama line,giuseppe zanotti pumps
Phoenix said it has concurrently signed a license agreement with the Bahama division of Oxford Industries to design,Isabel Marant Sneakers Sale, manufacture and distribute the nameplate leather goods,isabel marant buy, accessories,giuseppe zanotti sandals, shoes and other items.
Phoenix chief financial officer Ken Wolf,duvetica clothing, who declined to discuss financial details of the agreements,giuseppe zanotti outlet, said the goods will be sold in Bahama retail stores and department outlets like Neiman Marcus, Saks Fifth Avenue and Nordstrom.
Oxford Tommy Bahama group operates about 50 Bahama shops and four Indigo Palms stores,Isabel Marant Shoes. Phoenix said it will manufacture the Bahama product lines at its facilities in Commerce and Tennessee,giuseppe zanotti sneakers.
The Carlsbad company also announced a net loss for the second quarter of $1 million,isabel marant outlet store, or 14 cents a share,Isabel Marant Sneakers UK, compared with net income of $643,000,discount soccer cleats, or 12 cents a share, a year earlier.
Sales in the quarter through July 2 increased by 10.6 percent, to $15.4 million.
"We had a tough quarter related to our Altama division (which produces Army boots) and difficulties with the Department of Defense,discount soccer cleats online," Wolf said.
The company said the government is now accepting contracted shipments and that Altama is posting sales in line with levels the company reached in late 2004 and early this year,giuseppe zanotti shoes sale.
The company recently purchased the Chambers Belt Co.,isabel marant shoes, and also issues apparel under the Royal Robbins imprint.
Phoenix said it expects to report annual revenue of $100 million to $110 million and earnings per share of 42 cents to 47 cents. The company shares closed yesterday at $6.70,isabel marant wedge sneakers, up 39 cents.
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