Legacy IMBDS Inc - Company Profile
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Legacy IMBDS Inc (Legacy), formerly iMedia Brands Inc, is a multiplatform interactive digital commerce company that provides multiple products and home shopping programming through online, television and mobile devices. The company offers jewelry and watches, home and consumer electronics, health and beauty products, fashion and accessories, outerwear, intimates, handbags, and footwear. iMedia also offers television shopping experience on its television network, ShopHQ. The company markets its products and programming through mobile devices, tablets, smartphones and also through social media channels. It also operates in Germany, Austria and the US. Legacy is headquartered in Minneapolis, Minnesota, the US.
Headquarters
United States of America
Address
6740 Shady Oak Rd, Minneapolis, Minnesota, 55344-3433
Website
www.imediabrands.com
Telephone
1 612 9475200
No of Employees
1,096
Industry
Retailing
Ticker Symbol & Exchange
IMBIQ (OTC)
Revenue (2023)
$544.6M
-1.2%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-218.3%
(2023 vs 2022)
Net Profit Margin (2023)
XYZ
-222.3%
(2023 vs 2022)
* As of and is in US$
Legacy IMBDS Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Jewelry and Watches | Creative Advertising | ShopHQ |
| Beauty and Health | Interactive Advertising | iMedia |
| Fashion and Accessories | OTT App Services | BullDog |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Bankruptcy Filing | In June, the company filed for bankruptcy. |
| 2023 | Contracts/Agreements | In April, the company selected Lincoln International as its investment banker and Advisor to manage and complete a refinancing of the Company’s current Asset-Based Lending revolving credit facility. |
| 2022 | Contracts/Agreements | In December, the company entered into a purchase and sale agreement to sell three of its four buildings to Pontus Net Lease Advisors for US$48 million. |
Competitor Comparison
| Key Parameters | Legacy IMBDS Inc | Amazon.com Inc | eBay Inc | HSN Inc | Jewelry Television |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Minneapolis | Seattle | San Jose | St. Petersburg | Knoxville |
| State/Province | Minnesota | Washington | California | Florida | Tennessee |
| No. of Employees | 1,096 | 1,525,000 | 12,300 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Landel C. Hobbs | Chairman | Executive Board | 2016 | 59 |
| Timothy A. Peterman | Director; Chief Executive Officer | Executive Board | 2020 | 55 |
| Montgomery Wageman | Senior Vice President; Chief Financial Officer | Senior Management | 2021 | - |
| Tom Zielecki | Senior Vice President; Chief Financial Officer | Senior Management | 2022 | - |
| Troy Collings | Senior Vice President; Chief Information Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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