K-Swiss plans big cuts

2012-02-28T00:00:00

K-Swiss' management intends to cut selling and administrative expenses to between $110 million and $112 million this year from the $175.7 million spent in 2011 to help erase the company's net losses, which rose to $70.5 million in 2011 from the 2010 level of $68.2 million.

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