L.L. Knickerbocker Co.

The Lake Forest distributor of celebrity-endorsed collectibles and other products narrowed its fourth-quarter loss to $6.7 million, or 15 cents a share, from $21.8 million, or $1.06 a share, a year ago. Sales dropped more than 49% to $10 million. For the year, the company lost $11.2 million, or 33 cents a share, down from $28.7 million, or $1.46 a share, in 1998. Sales fell 30% to $42.2 million.