{"id":29329,"date":"2010-03-29T08:42:03","date_gmt":"2010-03-29T15:42:03","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=29329"},"modified":"2012-03-21T11:59:11","modified_gmt":"2012-03-21T18:59:11","slug":"orange-21-loses-3-4-million-in-2009","status":"publish","type":"post","link":"https:\/\/www.boardistan.com\/?p=29329","title":{"rendered":"Orange 21 Loses $3.2 Million In 2009"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.orange21.com\/\">Orange 21<\/a><\/strong>, the parent company of <strong><a href=\"http:\/\/www.spyoptic.com\/\">Spy Optics<\/a><\/strong> reported a net sales of\u00a0\u00a0$34.2 million compared to net sales of $47.3 million for the year ended December 31, 2008, according to a post on <strong><a href=\"http:\/\/www.8264.net\/html\/sports-news\/international-sports-industry\/201003\/29-8252.html\">8264.com<\/a><\/strong>, however, their loses dropped from $15.2 million \u00a0in 2008 to $3.2 million in 2009.<\/p>\n<blockquote><p>&#8220;The current recession continues to have a significant impact on the retail environment and our global sales. As such we will continue to control costs and improve operational efficiencies where possible to minimize future possible losses,&#8221; commented Stone Douglass, the company\u2019s Chief Executive Officer. &#8220;During the year ended December 31, 2009, we reduced total operating expenses by approximately $7.6 million from 2008, excluding the $8.4 million goodwill impairment charge recorded in 2008, and expect to continue to benefit from these cost savings efforts during 2010.&#8221;<\/p><\/blockquote>\n<p>Losing money is bad, right?<\/p>\n<p><strong>[Link: <a href=\"http:\/\/www.8264.net\/html\/sports-news\/international-sports-industry\/201003\/29-8252.html\">8264.com<\/a>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orange 21, the parent company of Spy Optics reported a net sales of\u00a0\u00a0$34.2 million compared to net sales of $47.3 million for the year ended December 31, 2008, according to a post on 8264.com, however, their loses dropped from $15.2 million \u00a0in 2008 to $3.2 million in 2009. &#8220;The current recession continues to have a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,37,12],"tags":[],"_links":{"self":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/29329"}],"collection":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29329"}],"version-history":[{"count":3,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/29329\/revisions"}],"predecessor-version":[{"id":29331,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/29329\/revisions\/29331"}],"wp:attachment":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}