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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > Boxman.com plc

Boxman.com plc
 NEWS FROM THE STANDARD
LetsBuyIt Gets Enough of It to Keep Going
Feb 06 2001 05:41 AM PST

 PROFILE
Boxman.com has played its farewell tune. Founded in 1997, the company was once Europe's #1 e-tailer of home entertainment products such as CDs, DVDs, videos, and computer games. Boxman.com rapidly built a pan-European presence in nine countries with 98% of its sales coming through the Internet. However, the company soon ran short of cash. Despite fundraising efforts, Boxman.com suspended operations in fall 2000 and liquidated its assets in December 2000. Major backers included GE Capital and Bernard Arnault, head of luxury goods firm LVMH.

 COMPETITION
Amazon.com, Inc. (AMZN)
Dixons Group plc (DXNS)
Kingfisher plc (KNGFY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 8.20
1-Yr. Sales Growth: 271.7%
Employees: 50
Revenue per employee: $164,000.00

 KEY PEOPLE
• Tony Salter
    CEO
• Erik Forsberg
    CFO

 CONTACT INFO
5 Chancery Lane
London EC4 1BU, United Kingdom
Phone: 44-123- 115
Fax: 44-123- 106
Online: Web Site

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