The past five years have not been kind to Z-Tech.
The Albuquerque-based maker of Z-CoiL Footwear, the shoes with the funky-looking springs on the heels, has incurred losses in five of its past eight fiscal years. Sales peaked at $12 million in 2005, but have been sliding since to about $6 million in 2010.
The company has faced financing difficulties with its lender, including losing a $2 million line of credit.
But Z-CoiL is rolling out a new line of shoes without the coil, an aesthetic stumbling block for many potential buyers.
Z-CoiL pegs firm’s future to stock issue - New Mexico Business Weekly
Wednesday, October 05, 2011
Z-CoiL pegs firm’s future to stock issue - New Mexico Business Weekly
Tammy Palmer - Why I Have Spings In The Soles Of My Shoes?
At the Port Townsend Kinetic Sculpture Race, Tammy Palmer didn't know what she was getting herself into when she asked me about my Z-CoiL shoes.
Tammy talks about the wonderful service her has received from Hugh Solaas, owner of the Shoe Safari in Silverdale, WA.
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