| Business Summary | | ValueVision
International,
Inc.
is
an
integrated
direct
marketing
company,
which
markets
its
products
directly
to
consumers
through
various
forms
of
electronic
media.
The
Company's
operating
strategy
incorporates
television
home
shopping,
Internet
e-commerce,
vendor
programming
and
fulfillment
services.
The
Company's
principal
electronic
media
activity
is
its
television
home
shopping
business
which
uses
recognized
on-air
television
home
shopping
personalities
to
market
brand
name
and
proprietary/private
label
consumer
products
at
competitive
value
prices.
In
addition,
the
Company
distributes
its
programming
through
Company-owned
low
power
television
(LPTV)
stations.
The
Company
also
complements
its
television
home
shopping
business
by
the
sale
of
merchandise
through
its
Internet
shopping
Website
(www.vvtv.com),
which
sells
a
broad
array
of
merchandise
and
simulcasts
its
television
home
shopping
program
live
24
hours
a
day,
7
days
a
week. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ValueVision
International
is
an
integrated
direct
marketing
company
which
markets
its
products
directly
to
consumers
through
print
and
electronic
media.
For
the
six
months
ended
7/31/01,
net
sales
rose
24%
to
$216.8
million.
Net
loss
applicable
to
Common
before
acct.
changes
totaled
$6.9
million,
vs.
an
income
of
$6.3
million.
Revenues
reflect
growth
in
internet
sales
and
cable/satellite
distribution.
Net
loss
suffered
from
$7.6
million
in
write-down
of
investment
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gene McCaffery, 53 Chairman,
Pres, CEO | $1.9M | Steve Jackel, 65 Pres
-- TV Home Shopping Operations | 633K | Richard Barnes, 44 COO,
Chief Financial Officer, Exec. VP | 433K | Kevin Hanson, 41 Sr.
VP, CTO | -- | Nathan Fagre, 45 Sr.
VP, Gen. Counsel | 254K | Dollar amounts are as of 31-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|