Russ Berrie and Company, Inc. · Oakland, NJ United States ·(NYSE: RUS)
Company Description
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Russ Berrie and Company looked the gift horse in the mouth and said "No thanks." The company, best known for its plush collectible bears, sold its gift business in 2008 to focus instead on products for the youngest consumers: newborns to 2-year-olds. The firm's infant and juvenile products business consists of its Sassy, Kids Line, LaJobi, and CoCaLo subsidiaries. Products include infant bedding and furniture; related nursery accessories; infant development toys; and teething, feeding, and bath and baby care products. The company is named for the late Russell Berrie, who founded the business in 1963. Director Michael Zimmerman owns about 20% of Russ Berrie through his firm Prentice Capital Management. To read the full description, subscribe now.
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Key Russ Berrie and Company, Inc. Financials
| Company Type | Public - NYSE: RUS Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $229.2 |
| 2008 Employees | 386 |
Russ Berrie and Company, Inc. Executives
13 executives listed for Russ Berrie and Company, Inc.'s Oakland, NJ location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Bruce Crain | Network |
| VP, Interim CFO, and Chief Accounting Officer | Guy Paglinco | Network |
| VP, Interim CFO, and Chief Accounting Officer | Chelle Cohen | Network |
Competition
Competitive Landscape for Russ Berrie and Company, Inc.
Demand for floor coverings depends on residential and commercial real estate construction and home sales, which can be cyclical. With many costs fixed, profitability of individual companies depends on their volume of business. There are large economies of scale in manufacturing and distribution. Annual revenue per employee at large carpet mills is close to $300,000. A typical wholesale location has annual revenue of $50 million, a typical retail location about $4 million. To read the full description, subscribe now.Top Russ Berrie and Company, Inc. Competitors
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