Phoenix Is In A Financial Squeeze

Phoenix Footwear, the highly acquisitive American company that owns the Trotters, Softwalk, H.S. Trask, Strol, Altama and Tommy Bahama footwear lines, seems to have grown beyond its limits. In reporting a net loss of $20.4 million for the year ended Dec. 30, which compares with a profit of $1.2 million ...

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