MOSS ADAMS CAPITAL: Apparel and foowear market monitor highlights notable deals, stock prices and results.
Details on Industry Insight.
Mark Miller is now longer with K-Swiss, Mark told me this week.
His last day was Friday.
At K-Swiss, Mark was the President of a new Orange County/Youth Division. He was also President of MMA brand FORM Athletics, which he founded and sold to K-Swiss.
Mark joined K-Swiss in July 2010.
Previously, Mark served as the SVP and General Manger of DC Shoes in the Americas.
K-Swiss Executive Vice President David Nichols told me this morning that most of the Orange County team has been consolidated into K-Swiss’ Westlake Office. Kelly Magrath, also formerly of DC Shoes, will now lead the Youth Division, Nichols said.
FORM will continue and remains a long-term strategic project for K-Swiss, Nichols said.
In its most recently filed financial results, K-Swiss worldwide revenue grew 40% to $65.5 million in the quarter ended June 30.
The company's net loss grew to $20 million vs. a net loss of $14.5 million during the same period last year.