Settlement Money Boosts K-swiss’ Profits For Quarter

K-Swiss’ net earnings for the quarter ended June 30 skyrocketed by 245.0 percent to $26.4 million because of the $30 million it won in a trademark settlement with Collective Brands. However, sales were down by 16.9 percent to $85.2 million, and orders fell by 32.4 percent to $104.2 million. This ...

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