Archive for December, 2001

Seattle-Based Golf-Apparel Retailer Posts Big Profit Drop, Plans to Reorganize

Wednesday, December 12th, 2001

Dec. 12–Stung by a drop-off in demand for its golf-inspired apparel, Cutter & Buck yesterday reported a 93 percent decline in second-quarter profit and said it will take a reorganization charge of at least $7 million during the second half of its fiscal year. The Seattle-based retailer said its second-quarter profit was $225,000, or 2 […]