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Phoenix said it has concurrently signed a license agreement with the Bahama division of Oxford Industries to design,[url=http://rogervivierheelssale.webstarts.com/][b]roger vivier heels online[/b][/url], manufacture and distribute the nameplate leather goods, accessories,[url=http://giuseppezanottisneakerssale.olimx.com/][b]discount giuseppe zanotti sneakers sale with big promotion[/b][/url], shoes and other items.
Phoenix chief financial officer Ken Wolf,[url=http://duveticadoudoune.halod.com/][b]Femmes Doudoune Duvetica Pas Cher[/b][/url], who declined to discuss financial details of the agreements,[url=http://discountnikesoccershoes.webmium.com/][b]Nike Soccer Shoes online[/b][/url], said the goods will be sold in Bahama retail stores and department outlets like Neiman Marcus, Saks Fifth Avenue and Nordstrom.
Oxford Tommy Bahama group operates about 50 Bahama shops and four Indigo Palms stores,[url=http://peutereyoutletitaliaonline.olimx.com/][b]Peuterey Uomo[/b][/url]. Phoenix said it will manufacture the Bahama product lines at its facilities in Commerce and Tennessee.
The Carlsbad company also announced a net loss for the second quarter of $1 million,[url=http://duveticapiumini.olimx.com/][b]Duvetica piumini[/b][/url], or 14 cents a share, compared with net income of $643,000, or 12 cents a share, a year earlier.
Sales in the quarter through July 2 increased by 10.6 percent,[url=http://billigmonclerjackenkaufen.olimx.com/][b]Billig Moncler Jacken[/b][/url], to $15.4 million.
"We had a tough quarter related to our Altama division (which produces Army boots) and difficulties with the Department of Defense," Wolf said.
The company said the government is now accepting contracted shipments and that Altama is posting sales in line with levels the company reached in late 2004 and early this year.
The company recently purchased the Chambers Belt Co.,[url=http://parajumperssalenorge.albirank.net/][b]http://parajumperssalenorge.albirank.net/[/b][/url], and also issues apparel under the Royal Robbins imprint.
Phoenix said it expects to report annual revenue of $100 million to $110 million and earnings per share of 42 cents to 47 cents. The company shares closed yesterday at $6.70,[url=http://rogervivierheelssale.webstarts.com/][b]roger vivier heels sale[/b][/url], up 39 cents.
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