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Red Envelope finds a buyer maybe
By: By Tim Parry and Jim Tierney
It looks like gifts cataloger Red Envelope, which filed for Chapter 11 bankruptcy protection on April 17, will be sold to Creative Catalogs Corp. The...
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Oriental Trading's new chief
By: By Jim Tierney
What does a guy whose strengths are high-tech product lines, Website savvy and international marketing know about running a low-end gifts and novelties...
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1-800-Flowers.com buys DesignPac Gifts
By: Jim Tierney
Multititle mailer 1-800-Flowers.com announced on May 1 it has acquired DesignPac Gifts for $36 million. DesignPac Gifts, which did $50 million in sales...
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Sharper Image Sold in Joint Venture
Sharper Image Corp., which put itself up for sale last month after filing for Chapter 11 bankruptcy protection, has been acquired by a joint venture led by units of private investment firms Hilco Consumer Capital Corp. and Gordon Brothers Group....
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Profits Plummet at Chico’s
First-quarter net sales for women’s apparel cataloger/retailer Chico’s FAS decreased 9.6%, to $409.6 million. Catalog and Web sales for the 13 weeks ended May 3 slipped 3% to $16.0 million, down from $16.5 million in the first quarter last year. Worse yet: Net income plunged 73%, to $12.7 million, from $47.2 million last year....
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L-Com Launched Hyperlink Technologies Catalog
By: By Tim Parry
A year after business-to-business merchant L-Com Connectivity Products bought Hyperlink Technologies, it's launched a catalog for the wireless connectivity equipment seller....
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Otter Swims Across the Pond
By: By Patrick Barnard
Otter, the men’s fashion company, has crossed the Atlantic and now has operations in the U.K. It has launched a new Website, otterfashion.co.uk, and local phone line which are now taking orders from U.K. customers. Otter also plans to bring its catalog to the U.K. later this year.
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Lillian Vernon Catalog Back in the Mail
By: By Jim Tierney
Nearly two months after the personalized gifts merchant was acquired by Current USA, the Lillian Vernon catalog is back in the mail. ...
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ACCM Bonus: Consumers Are in Control – Deal with It
By: By Patrick Barnard
We all know that the Internet has changed the marketing game. In his May 21 keynote address at the Annual Conference for Catalogers and Multichannel Merchants in Orlando, FL, last week, author Keith Wardell explained what marketers can do about it....
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DHL to Scale Back in U.S.
It’s been rumored for months that Deutsche Post would pull DHL out of North America or take some drastic action to stem its substantial losses in the U.S. Now it has: The company announced today that DHL Americas will end a partnership with its two airline subcontractors and close about a third of its U.S. stations....
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Bits and Pieces Sold
By: By Melissa Dowling and Jim Tierney
Gifts and games cataloger Bits and Pieces—one of the casualties of the BlueSky Brands fiasco--has been sold, several sources tell Multichannel Merchant....
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NY Web Tax Law Not So Scary?
By: By Jim Tierney
After the New York State Department of Taxation and Finance issued a Technical Services Bulletin (TSB-M-08(3)S) on May 8 regarding a new law requiring online merchants to collect state sales taxes, the tax counsel for the Direct Marketing Association said the legislation is now viewed as “less aggressive than what have been our greatest fears.”...
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