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Sharper Image chairman resigns, but may try to acquire the retailer

Jerry W. Levin has resigned as chairman of multi-channel retailer Sharper Image Corp. and could join other, unnamed investors to acquire some or all of the company’s assets, the company says.

Posted 04/14/2008Katie DeatschPost a comment

Jerry W. Levin has resigned as chairman of multi-channel retailer Sharper Image Corp. and could join other, unnamed investors to acquire some or all of the company’s assets, the company says.

/ E-Retailers

Sharper Image once more changes CEOs

The retailer has named Robert Conway, a founding member of retail turnaround firm Conway, Del Genio, Gries & Co., as CEO to replace outgoing chief executive Steven Lightman, who was named to the top spot less than one year ago. The change is immediate.

Posted 02/14/2008Don DavisPost a comment

The retailer has named Robert Conway, a founding member of retail turnaround firm Conway, Del Genio, Gries & Co., as CEO to replace outgoing chief executive Steven Lightman, who was named to the top spot less than one year ago. The change is immediate.

/ E-Retailers

Sun Capital takes bigger slice of Sharper Image

Buyout firm Sun Capital Securities Fund Equities, a part of Sun Capital Partners Inc., has doubled its ownership of Sharper Image Corp. with the purchase of 1.49 million shares of stock.

Posted 05/25/2007Don DavisPost a comment

Buyout firm Sun Capital Securities Fund Equities, a part of Sun Capital Partners Inc., has doubled its ownership of Sharper Image Corp. with the purchase of 1.49 million shares of stock.

/ E-Retailers

November web sales drop 29% to $8.5 million at Sharper Image

Total November sales were down 27% to $46.8 million from $64.5 million a year earlier. Store sales dropped 26% to $30 million from $40.3 million.

Posted 11/30/2006Kurt PetersPost a comment

Total November sales were down 27% to $46.8 million from $64.5 million a year earlier. Store sales dropped 26% to $30 million from $40.3 million.

/ E-Retailers

Sharper Image’s top executives resign

Sharper Image Corp. today announced that Tracy Wan, president and chief operating officer, and Jeff Forgan, executive vice president and chief financial officer, have resigned, effective immediately.

Posted 11/09/2006Kurt PetersPost a comment

Sharper Image Corp. today announced that Tracy Wan, president and chief operating officer, and Jeff Forgan, executive vice president and chief financial officer, have resigned, effective immediately.

/ E-Retailers

Sharper Image can’t stem its sales slide

First-quarter Internet sales at Sharper Image Corp. decreased 26% from Q1 last year, to $17.2 million from $23.2 million. The decline was in line with total company sales decreases vs. last year—down 26% to $106.8 million from $144.9 million.

Posted 06/09/2006Kurt PetersPost a comment

First-quarter Internet sales at Sharper Image Corp. decreased 26% from Q1 last year, to $17.2 million from $23.2 million. The decline was in line with total company sales decreases vs. last year—down 26% to $106.8 million from $144.9 million.

/ E-Retailers

Sharper Image’s Q1 web and total slide 26% from year ago

First quarter Internet sales at Sharper Image were down 26% to $17.2 million from $23.2 million in the first quarter a year ago, while total company sales were also off 26% to $104 million from $141.2 million. Store sales for the quarter were down 28%.

Posted 05/04/2006Kurt PetersPost a comment

First quarter Internet sales at Sharper Image were down 26% to $17.2 million from $23.2 million in the first quarter a year ago, while total company sales were also off 26% to $104 million from $141.2 million. Store sales for the quarter were down 28%.

/ E-Retailers

Sharper Image’s February web sales fall 32%, total sales down 33%

Internet sales at Sharper Image in February declined 32% to $4.7 million from last February`s $6.9 million, the company reports. Total sales were down 33%.

Posted 03/02/2006Kurt PetersPost a comment

Internet sales at Sharper Image in February declined 32% to $4.7 million from last February`s $6.9 million, the company reports. Total sales were down 33%.

/ E-Retailers

Q3 web sales at Sharper Image drop 17% year-over-year

Sharper Image Corp. posted a 17% drop in web sales to $17.5 million in the third quarter ended Oct. 31, down from $21 million a year earlier. Total revenues fell 20% to $123.1 million from $153.6 million in 2004’s third quarter.

Posted 11/23/2005Paul DemeryPost a comment

Sharper Image Corp. posted a 17% drop in web sales to $17.5 million in the third quarter ended Oct. 31, down from $21 million a year earlier. Total revenues fell 20% to $123.1 million from $153.6 million in 2004’s third quarter.

/ E-Retailers

Sharper Image’s nine-month web sales slide 13% from year earlier

Internet sales at Sharper Image in the first nine months decreased 13% to $59 million from the comparable period a year ago. At that time, web-based sales were up 32% from the same year-earlier period. Total company sales were down 12%.

Posted 11/03/2005Kurt PetersPost a comment

Internet sales at Sharper Image in the first nine months decreased 13% to $59 million from the comparable period a year ago. At that time, web-based sales were up 32% from the same year-earlier period. Total company sales were down 12%.

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