Phoenix Footwear reports 47.9% rise in sales
Designer and developer of men's and women's dress and casual footwear, belts, personal items, and travel apparel Phoenix Footwear Group, Inc. has reported a 47.9% increase in sales for the third quarter ended October 1, 2005.
Net sales for the third quarter increased to $34.3 million compared with $23.2 million for the third quarter of 2004. The strong top-line growth was primarily attributable to $11.7 million, or 34.1% of total sales, generated by the company's two recently acquired brands, Chambers and Tommy Bahama.
For the nine months ended The company's brands include Royal Robbins apparel, the Tommy Bahama, Trotters, SoftWalk, Strol, H.S. Trask, and Altama footwear lines, and Chambers Belts.