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Kswiss reports a net loss of $14.5 million

Feb 27 2013

To be acquired by E.Land World

WESTLAKE VILLAGE, Calif.—Tennis shoe manufacturer Kswiss Inc. today reported losses for the fourth quarter of 2012 and for the entire year, although they were not as severe as the year before.

The company said in an earnings statement issued from its Westlake Village headquarters that it recorded a net loss of $14.5 million, or 41 cents per diluted share, in the fourth quarter, compared with a loss of $25.1
million, or 71 cents per share, in the previous fourth quarter.

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Leaderpreneurship begins with leadership

Shaune B. Arnold, Esq. | Business Strategist | OW Contributor

Feb 21 2013

The Business Mind

What do Rambo, Rhett Butler and Dirty Harry all have in common? They were each anti-heroes, rebels with a cause. As much as we love these romanticized lone wolf images, none of these men would have been worth a hill of beans in a business setting. While each of them was undoubtedly strong, and ultimately successful in their limited endeavors, none of them was a leader of men (or women).

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IHOP makes pact to expand in Asia-Pacific region

City News Service

Feb 13 2013

20 restaurants

GLENDALE, Calif.—IHOP officials announced an agreement today with a Manila-based company to open 20 restaurants in the Philippines over the next five years, with an option to develop outlets in Malaysia, Taiwan, Thailand, Singapore and Vietnam.

The deal between Interdine Corp., a unit of Global Restaurant Concepts Inc., which operates several U.S. brands in the Philippines, and IHOP subsidiary DineEquity Inc. could create about 1,000 jobs, according to IHOP.

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Learning that money matters

Shaune B. Arnold, Esq. | Business Strategist | OW Contributor

Feb 7 2013

The Business Mind

My client, Johanna, was at the end of her rope. She is trained as a CPA, and works well with clients. However, she has a really hard time with client development. Often, she finds herself doing “busy work” instead of cold-calling, networking or engaging in other activities that she knows will grow her client base. She wondered aloud in my office one day why she seems to work harder than other professionals to build her business. She was surprised when I asked her how she feels about money.

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