Profile: Barry R G Corp /Oh/ (DFZ.OQ)
21 Apr 2014
R.G. Barry Corporation, incorporated on March 26, 1984, is engaged in developing brands and marketing products in three areas of the retail accessories category. These products include footwear, such as slippers and sandals; foot and shoe care products, such as cushioned insoles; and handbags, tote bags and travel products. The Company operates in two segments: Footwear segment and Accessories segment. The Company’s Footwear segment includes slippers and sandals. The Company’s Accessories segment includes foot and shoe care products, handbags, tote bags and travel products. The Company’s Footwear and Accessories segment consists of three individual business units (BU) footwear; foot and shoe care products; handbags, tote bags and travel products. The Company’s products are primarily sold in North America by a cross-section of retailers of varying size and classification.
The Company’s Footwear segment is a component of the overall accessories category and a subset of the footwear industry. The category includes slippers, sandals, hybrid and active fashion footwear and slipper socks. The Company had sold more than one billion pairs of accessory footwear under a variety of brand names as of June 30, 2012. Dearfoams is its principal footwear brand. In addition to Dearfoams, Its footwear brand names include Angel Treads, DF by Dearfoams, DF Sport by Dearfoams, Utopia by Dearfoams and Terrasoles. The Company’s footwear products are sold through multiple retail channels, including mass merchandisers, national chain stores, warehouse clubs, mid-tier department stores, specialty and independent stores, discount stores and e-commerce and catalog retailers. The Company purchases footwear products from approximately 18 different third-party manufacturers, many are located in China.
The Foot Petals and Baggallini BUs collectively consist of its Accessories segment. The Company’s Foot Petals sells approximately 30 foot and shoe care products which primarily are targeted toward the foot comfort of women between the ages of 14 and 55. Many Foot Petals products are made from urethane or similar man-made materials and various fabrics. Foot Petals products are sold under a variety of brand names, including Foot Petals, Fab Feet, Glamour Toez, Heavenly Heelz and Killer Kushionz. Products also are presented to retailers at various national markets and accessories trade shows.
Foot Petals’ products principally are sold to consumers through mass-merchants, upper-tier department stores, independent retailers, Internet and home shopping venues. Foot Petals’ products primarily are manufactured by a third-party supplier based in Ohio, and warehoused and distributed through a third-party logistics provider located adjacent to the supplier’s manufacturing plant.
The Company’s Baggallini products consist of various styles of handbags, tote bags and travel accessories and are primarily targeted toward women between the ages of 34 to 55. Its products are principally made from durable nylons, leathers and other man-made materials. In February 2012, the Company introduced a Baggallini line. Baggallini’s principal trademarks include baggallini and Le Bagg. Baggallini’s products primarily are sold to consumers through a network of several thousand independent retail locations, non-promotional department and chain stores and on-line retailers. All Baggallini products are developed and sourced through a network of contract manufacturers in China.
Barry R G Corp /Oh/
13405 Yarmouth Road N.W.
PICKERINGTON OH 43147