Following the May 30 announcement that investment firm Sun Capital Partners had bought gifts and housewares cataloger Lillian Vernon Corp. from Direct Holdings Worldwide, there have been conflicting media reports about the fate of founder Lillian Vernon.
While multititle educational products cataloger School Specialty posted record sales for fiscal 2006, the Greenville, WI-based company recorded a loss for the fourth quarter.
What had been rumored for several months
The Sharper Image Corp. continued its sales slide for May, but the month was a bit brighter for the other publicly traded companies tracked by MULTICHANNEL MERCHANT.
First-quarter direct sales at Eddie Bauer Holdings, the parent company of Redmond, WA-based apparel and home goods cataloger/retailer Eddie Bauer, fell 13%, to $54.6 million, for the period ended April 1.
After 19 years in operation, the last six under the ownership of Warminster, PA-based plant and seed merchant Burpee, Heronswood Nursery will close its Kingston, WA, nursery
Michael Muoio was never one to back down from a challenge. His latest challenge: leading White Plains, NY-based gifts and housewares cataloger Lillian Vernon
First-quarter net sales at upscale jewelry and gifts cataloger/retailer Tiffany & Co. rose 6%,
For the second time in three years, Lillian Vernon Corp. has changed hands. Direct Holdings Worldwide, which bought the gifts and housewares cataloger in July 2003,
Direct-to-consumer sales for Corte Madera, CA-based home furnishings cataloger/retailer Restoration Hardware increased 29%, to $42.3 million, for the first quarter ended April 29. That figure comes after a 50% increase in direct sales for the same period last year.