January 27, 2001
The Irvine designer and manufacturer of women's clothing and accessories reported that net income for the fiscal fourth quarter more than doubled to $9.1 million, or $1.22 a share, from $4.5 million, or 53 cents a share, a year ago. Sales for the quarter ended Oct. 29 rose 19% to $91.3 million. For the year, net income totaled $23.8 million, or $3 a share, 62% higher than the $14.7 million, or 98 cents a share, for the prior year. Sales increased 14% to $336.5 million.
April 5, 2006
High-end apparel maker St. John Knits International Inc. said Chief Executive Richard Cohen was leaving the company immediately for family reasons. Board member Philip B. Miller, a former chairman and CEO of Saks Fifth Avenue, will serve as the interim chief until the Irvine-based company finds a replacement. Miller has been a St. John director since 2003.
September 14, 2000
St. John Knits International Inc., Irvine designer and manufacturer of women's clothing and accessories, said net income for the third fiscal quarter totaled $5.7 million, or 70 cents a share, contrasted with a loss of $3.9 million, or 29 cents a share, for the same period last year. Sales for the quarter ended July 30 rose 19% to $83.4 million.
September 12, 2002
* Freedom Communications Inc. named Doreen Wade to succeed Alan J. Bell as president of its broadcasting operations. Wade has been general manager of a Freedom CBS affiliate in West Palm Beach, Fla. Bell was named chief executive and president of Freedom Communications last month after Samuel C. Wogemuth resigned under pressure from the Hoiles family, which owns the Irvine company. The broadcast division includes five CBS and three ABC television network affiliates. * St.
March 14, 2000
St. John Knits International Inc., Irvine designer of upscale women's clothing and accessories, posted net income of $3.7 million, or 42 cents a share, for the fiscal first quarter, down 36% from $5.8 million, or 34 cents a share, for the year-earlier period. The company attributed the decline mostly to interest expenses of $8.2 million, primarily from the debt incurred to finance the company's buyout in July by the founding Gray family and Vestar Capital Partners, a New York investment firm.
June 9, 2000
St. John Knits International Inc., Irvine designer, manufacturer and marketer of women's clothing and accessories, reported net income of $5.3 million, or 65 cents a share, for the second quarter ended April 30, down 36% from the $8.3 million, or 49 cents a share, for the like period last year. The company said it had interest expense of $7.9 million resulting primarily from debt to finance the buyout in July by the company's founders and a New York investment firm. Sales rose 9% to $85.