A sharply slower growth rate in Europe and continuedsoftness in its core U.S. footwear business were the major factors in a 62%decline in net income to $7,569,000 from $20,334,000 for the second quarterended Jun. 30. Revenues in the period fell 18% to $102,451,000 from$124,196,000 with domestic sales down 34% to $53.7 million and internationalrevenues up 13% to $48.8 million. Futures orders fell 15% to $154.1 million, withdomestic futures off 27% to $77.2 million and international futures up 1% to$76.9 million. Without giving specifics, K-Swiss said early indications on Q108orders were “significantly” negative, and the earliest it expected to see asales ... Log in to view full article.