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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) August 21, 1998
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K-SWISS INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-18490 95-4265988
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(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
31248 Oak Crest Drive, Westlake Village, California 91361
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (818) 706-5100
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Item 5. Other Events.
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On August 21, 1998, the Company issued a press release relating to the
resignation of Stanley Bernstein and Stephen Fine as members of the
Board of Directors of the Company. A copy of the August 21, 1998 press
release is attached as Exhibit 99.
Item 7. Financial Statements and Exhibits.
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(c) Exhibits:
99 Press release dated August 21, 1998.
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
K-Swiss Inc.
Date: August 28, 1998 By: /s/ George Powlick
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George Powlick,
Vice President Finance and
Chief Financial Officer
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EXHIBIT INDEX
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Page
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Exhibit
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99 Press release dated August 21, 1998. 5
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Contact: George Powlick
Chief Financial Officer
(818) 706-5100
For Immediate Release
K-SWISS INC. ANNOUNCES
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RESIGNATION OF TWO COMPANY DIRECTORS
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WESTLAKE VILLAGE, CA, August 21, 1998 K-Swiss Inc. (NASDAQ-KSWS) announced
today that Stanley Bernstein and Stephen Fine had resigned as members of the
Board of Directors of the Company, effective today. Messrs. Bernstein and Fine,
Chairman and President, respectively, of Biltrite Corporation, had served as
directors of the Company since 1987. The Company announced on July 28, 1998
that, pursuant to certain registration rights held by Biltrite, it had filed a
Form S-3 Registration Statement with the SEC in order to register the remaining
shares of the Company's common stock held by Biltrite. The Registration
Statement was subsequently declared effective by the SEC on August 3, 1998.
K-Swiss Inc. designs, develops and markets athletic footwear for high
performance sports use and casual activities. The Company presently offers
footwear for court, nautical, casual and children's categories.
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