GOYL big update: Try calling this number, Gargoyles Performance Eyewear 1-800-426-6396, they answer Quantum Optics the sunsidiary of Foster Grant!!!!!
Foster Grant ownes all of gargoyles inc. look at this, bodyglove is a part of gargloyles and they just got this site going not long ago
www.bodyglove.com
Foster Grant I believe has been waiting on the statute of limitations to expire on the GOYL shell to bring one of it's subsidiaries pulic, Quantum Optics Inc.
copy and paste from IPO filing....seems like Foster Grant owns whatever is left of Gargoyle including gargoyle website since it is a distinctive brand
In January 2004, the Company's brand portfolio, consisting of nine brands, was acquired by AAi.FosterGrant, Inc., a marketer of branded optical products and jewelry
Our company-owned portfolio also includes the Anarchy, Angel and Gargoyles brands, which target different demographic groups and distribution channels at a premium price point (generally $50-$100). In addition, we sell a line of prescription frames, which we introduced in 2004 to supplement our product line and leverage our FosterGrant brand. We also market both popular priced and premium eyewear under nationally-recognized licensed brands including Ironman Triathlon, Levi Strauss Signature, Body Glove, C9 by Champion and Daytona International Speedway.
We are also increasing our efforts to promote our premium brands, Anarchy, Angel and Gargoyles.
Our Anarchy, Angel and Gargoyles brands are designed to appeal to different demographic groups and distribution channels at a premium price point. We must successfully market these brands with their respective target demographics. Effective positioning of these brands will depend largely on the success of our marketing and advertising efforts and our ability to anticipate and respond to changing fashion and performance trends in the action sports enthusiast and lifestyle markets. As part of our growth strategy, we plan to increase marketing and advertising of these brands to further identify our Anarchy, Angel and Gargoyles brands with these images and lifestyles. However, we may not identify successfully our brands with these images and lifestyles, and accordingly, these expenditures may not result in a sufficient increase in net sales to cover such marketing and advertising expenses and our net sales of our Anarchy, Angel and Gargoyles branded products may not improve, or may decline
We intend to use approximately $50.0 million to repay in full the amount outstanding under our second lien term loan, approximately $ to repay a portion of the amount outstanding under our first lien term loan and approximately $ to repay in full the amount outstanding under our revolving credit facility. A $1.00 increase (decrease) in the assumed initial public offering price per ordinary share would increase (decrease) the net proceeds to us by $ and increase (decrease) the amount of indebtedness that we intend to repay under our first lien term loan by the same amount, assuming the number of ordinary shares offered by us, as set forth on the cover page of this prospectus, remains the same and after deducting the estimated underwriting discounts and commissions and offering expenses payable by us.
This info is not to be construed as a solicitation to buy/sell securities. Hdogtx reserves the right to either BUY/SELL shares in a company's stock he mentions.
This info is not to be construed as a solicitation to buy/sell securities. Hdogtx reserves the right to either BUY/SELL shares in a company's stock he mentions.
