BUSINESS
August 1, 1995
K-Swiss Inc., a Chatsworth-based maker of athletic shoes, reported a sharp drop in profits for the second quarter ending June 30. The company reported that earnings dropped 57% to $1.5 million, compared to $3.5 million during the same period a year earlier. Revenues dropped 18% to $29.7 million, down from $36.3 million recorded in the second quarter of 1994. For the six-month period ending June 30, profits dropped 32% to $5.5 million down from $8.1 million in 1994. Revenues dropped 11% to $72.
NEWS
October 9, 1992 | JOHN MORELL
As much of a staple in Southern California as a convertible and suntan lotion, athletic shoes are worn by the athlete and the couch potato. Usually white, sometimes black or other colors, tops high or low, they go with shorts, jeans or kick-around slacks and are appropriate in almost any casual or semi-casual situation. Athletic shoes got their start from the guy with a blimp named after him.
HEALTH
July 29, 2002 | STEPHANIE OAKES, SPECIAL TO THE TIMES
Question: I'm a 49-year-old female and I'm on my feet six to eight hours a day on a hard concrete floor. (I work in retail and have been doing this for the past 15 years.) A month ago I was diagnosed as having plantar faciitis (heel pain) and I'm now waiting for the custom-made orthotics that are supposed to help me. Can you tell me what kind of athletic shoes would be good for me? Answer: Regardless of which brand you choose, there are general guidelines to follow.
BUSINESS
September 20, 1996 | DENISE GELLENE, TIMES STAFF WRITER
L.A. Gear Inc. has been getting a real workout these days. The company that gave America the lighted sneaker is being shoved aside by stronger competitors such as Nike, the industry's powerhouse, and up-and-coming trendy brands such as Fila. Key athletic shoe retailers are dumping the brand, saying not enough people want it. Though it continues to sell L.A. Gear kids' shoes, FootAction stopped stocking the brand's flagship women's shoes six months ago and dropped L.A.
BUSINESS
September 9, 2002 | LESLIE EARNEST, TIMES STAFF WRITER
Shoppers who once thought nothing of shelling out $100 or more for fancy sneakers have pulled back sharply and are buying cheaper, simpler styles. At the highest end of the market, sales of athletic shoes costing $150 or more plunged almost 41% in the first six months of 2002, according to recent market data. And some companies that make and sell hot youth brands say their customers aren't willing to shell out $85 for a pair of shoes for skateboarding anymore.
BUSINESS
January 7, 2002 | WILL EDWARDS and ANDRIA CHENG, From Bloomberg News
With a flip of the wrist, Phil Vachon, a manufacturing supervisor for New Balance Athletic Shoe Inc., turns a piece of red, black and white cardboard into a box. Vachon then throws in some tissue and a pair of women's running shoes, finishing the task in no more than a few seconds. This week, New Balance will be the last major maker of athletic footwear that still assembles shoes in the U.S.