Spiegel plans to roll out its Petals catalogs to millions of customers, after contributing $8 million in revenues to parent Spiegel for the fiscal year ended June 30, 2001.
Petals, which features silk flowers and home accents, is a business unit of home-interior division, Interiors Inc., White Plains, NY. Overall, Petals reports current run-rate revenues of approximately $60 million, up about 20% from the previous year.
Spiegel acquired Petals in March 1999.
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