By  on July 7, 2011

Tandy Brands Accessories is slimming down.

Having just completed an unprofitable fiscal year characterized by declining sales, the Dallas-based accessories marketer is exiting noncore categories, such as eyewear and hunting gear, to focus on its key businesses in belts, small leather goods and gifts. It expects to reduce its headcount, currently about 400 full-time employees, by about 15 percent, to about 340, and improve its earnings before interest, taxes, depreciation and amortization by between $4 million and $5 million in the fiscal year that began July 1.

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