K-Swiss’ sales increased by 17.8 percent in the fourth quarter of 2011 to $50.2 million, with increases of 10.3 percent in the U.S.and 23.6 percent elsewhere. However, its net losses widened to $25.2 million, or nearly half of its revenues, from $20.6 million in the same period the year before. Full-year revenues were up by 23.8 percent to $268.4 million, of which $151.6 million came from abroad. Net losses rose to $70.5 million from the 2010 level of $68.2 million. More in SGI Europe.
