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Severance Packages Add to J. Crew Net Loss
. Crew’s net loss deepened during first quarter ended May 4, increasing to $12.1 million from $9.3 million a year ago. But headcount reductions, and the departure of CEO Mark Sarvary, generated pretax charges of $4.6 million, the company said. Sarvary left the company on May 1.
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Hello Direct E-mail File Debuts
Walter Karl Interactive is debuting the e-mail buyers file for Hello Direct catalog. This new business-to-business list contains 600,000 opt-in records.
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Delia’s Net Losses Narrow in Quarter
Delia’s Corp. reported a first quarter net loss of $4.3 million, an improvement over $8.3 million for the same quarter last year.
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Authorities Close C.P. Direct, Seize Assets Worth $30 Million
Mail order house C.P. Direct has been shut down by authorities for allegedly selling fake breast and penis enlargement pills through the Internet and
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Under the Canopy Returns
(Catalog Age) Just months after its launch in 1998, Under the Canopy was forced to shelve its print book and sell solely online. But three years later,
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E-mail Lists Still Priced Highest, But Consumer Files Falling: Study
The highest-priced list category on the market is permission-based business-to-business e-mail, according to the annual Worldata List Price Index. This
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MKTG Services Tightens Operations
MKTG Services Inc. continues to employ cost cutting measures and efficiencies as it winds down the completion of the integration of acquisitions to bring the firm in line with a troubled economy.
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Williams-Sonoma Net Earnings Skyrocket
Williams-Sonoma Inc. reported net earnings of $15.4 million for the first quarter ended May 5, a jump over $500,000 for the same period in 2001.
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Talbots Catalog Sales Down 11% for Quarter
The Talbots Inc. posted net sales of $391.3 million for the quarter ended May 4, down 2% from the $401.1 million reported for the same period in 2001.
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Brookstone Posts $6.5 million First Quarter Loss
Brookstone Inc. reported a net loss of $6.5 million for the first quarter of 2002, compared to a net loss of $5.2 million for the same period last year.