Annual Sales Up 12% Victoria’s Secret Direct
The direct-to-consumer unit for women’s apparel cataloger/retailer Victoria’s Secret, part of Columbus, OH-based Limited Brands (NYSE: LTD), showed a 12% gain in sales...
JH Partners Takes a Stake in AmeriMark
San Francisco, CA-based private equity firm JH Partners is at it again: On March 18, JH Partners recapitalized Cleveland-based AmeriMark Direct, a marketer of women’s apparel, cosmetics, jewelry, and health-related products....
Financial Report: Hardly a gangbuster quarter
Half of the 14 publicly traded business-to-business and computer merchants tracked by Catalog Age ended 2004 with a stronger fourth-quarter bottom line...
Cable Access
Will The Garnet Hill Hour be sandwiched between Rug Gallery and Gold Wardrobing on cable-TV shopping network HSN's prime-time schedule? Perhaps, once...
Hanover says goodbye to Gump's
Weehawken, NJ-based multititle mailer Hanover Direct sold upscale gifts and decor cataloger/retailer Gump's to a consortium of private investors for $8.5...
Orion Telescopes acquired by Imaginova
New York-based Imaginova Corp., which sells products for amateur astronomers, hopes that, more than stars, it will be seeing increased sales following...
PC Connection, Red Envelope Warn on Results
Merrimack, NH-based computer reseller PC Connection (Nasdaq: PCCC) and San Francisco-based gifts cataloger Red Envelope (Nasdaq: REDE) downgraded their fiscal guidance this week. ...
Paragon Gifts Sold
Private equity firm Reliant Equity Investors has acquired Westerly, RI-based The Paragon Gifts Holdings, parent of gifts titles The Paragon and Bits and Pieces,...
Lands' End Not for Sale for After All
Now that shareholders have approved the Sears-Kmart merger, the chairman of the merged company, Edward Lampert, put another piece of business to rest. ...
Neiman Marcus Mulls "Strategic Alternatives"
Dallas-based cataloger/retailer Neiman Marcus Group has hired investment banker Goldman Sachs & Co. to help it explore "strategic alternatives" to enhance shareholder value, including a sale. ...
Sears to Sell Lands' End?
Is the marriage of Sears and Lands’ End headed for divorce court? According to a March 15 "Women's Wear Daily" article, Hoffman Estates, IL-based Sears, Roebuck & Co. is quietly putting the Dodgeville, WI-based cataloger up for auction at $1.2 billion. ...
1-800-Flowers.com Acquires Cheryl & Co.
Looking to bolster its presence in the food, wine, and gift baskets category, Garden City, NY-based 1-800-Flowers.com purchased Westerville, OH-based Cheryl & Co., a manufacturer/marketer of baked goods...
2004 a Record Year for DM Deals
Mergers and acquisitions activity within the direct marketing industry was at a record high last year, according to New York-based investment banking firm Petsky Prunier. The firm tallied 550 transactions in 2004 among direct marketing, marketing service, and marketing technology companies...
Financial Reports: OfficeMax, Excelligence
Despite year-over-year sales gains, both OfficeMax Contract and Excelligence Learning suffered bottom-line erosion....
Financial Reports: Coldwater Creek, J. Jill, Urban Outfitters
Retail continues to drive Coldwater Creek's growth, and Urban Outfitters is booming on all fronts. But J. Jill's direct division is struggling....
Financial Reports: Talbots, Blyth
Cataloger/retailer The Talbots posted sales gains and income decline in preliminary annual results, while manufacturer/marketer Blyth grew on both sides of the ledger...
L.L. Bean Sales Up 9%
Freeport, ME-based L.L. Bean reported a 9% rise in annual net sales, to a record $1.4 billion for fiscal 2004. The outdoor gear and apparel merchant also reported acquiring a record number of new customers. ...
February Sales Round-Up
Several of the multichannel merchants tracked by CATALOG AGE boasted of double-digit February sales growth....
Overstock.com Offers $500,000 for Eziba Assets
Online discounter Overstock.com has offered global goods merchant Eziba $500,000 for all of its assets. But a sale of the all-but-defunct company may not occur until Eziba declares bankruptcy. ...
Financial Reports: Schein, Sportsman's Guide
Henry Schein feels the effects of the flu vaccine shortage, while Sportsman's Guide ends the year a winner...
Specialty Catalog sold to equity firm
Brockton, MA-based Specialty Catalog Corp., whose titles include wig catalogs Paula Young and Especially Yours, has been sold to Toronto-based private...
Mergers and Acquisitions: Deal market in hibernation for Q4
Deal-making bears spent the fourth quarter of 2004 hibernating, judging from the scarcity of industry mergers and acquisitions during the time. Only 11...
Eziba forced to liquidate
Aseries of marketing mishaps forced North Adams, MA-based global goods cataloger Eziba to shut operations in January. On Jan. 14 it laid off 12 of its...
Filson sold to former Polo exec
C.C. Filson, a Seattle-based manufacturer/marketer of outdoor apparel, luggage, and leather accessories, has been sold to a former executive of Polo Ralph...
Cornerstone Brands Sold to IAC
Tuesday’s announcement that HSN parent company IAC/Interactive Corp. was purchasing multititle mailer Cornerstone Brands for $760 million is likely to herald additional strategic acquisitions within the industry, experts say. ...
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