Time Life Music and Books, a former sister company of Lillian Vernon Corp., will discontinue third-party fulfillment operations with the gifts, home decor, and toys cataloger effective Aug. 31.
“Time Life’s decision does not change our absolute commitment to Virginia Beach as Lillian Vernon’s worldwide headquarters,” Lillian Vernon CEO Mike Muoio said in a statement. “We moved our corporate offices to Virginia Beach in the fall, and we will continue to reap the rewards from the improvements we have made in the efficiency and organization of our fulfillment operations.”
Since the first quarter of 2004, Lillian Vernon has provided order processing, warehousing, distribution, and call center services to Time Life. Time Life and Lillian Vernon were previously owned by the same entity, Direct Holdings LLC, a subsidiary of Ripplewood Holdings, until Lillian Vernon was sold to Sun Capital Partners in May 2006.
Ripplewood Holdings, Time Life’s majority owner, acquired Reader’s Digest Association on March 5. Time Life’s plans will affect approximately 230 employees in Virginia Beach.