The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > Varsity Group Inc.

Varsity Group Inc.
Nasdaq: VSTY
Change
symbol:
     
 NEWS FROM THE STANDARD
Silver Lining Department
Aug 13 2001 07:56 AM PDT

Textbook Sellers Get an Education
Jul 05 2000 12:00 PM PDT

Textbook Sellers Get an Education
Jul 03 2000 12:00 AM PDT

 PROFILE
Varsity Group encourages students to take a heavy course load. The company runs online textbook retailer VarsityBooks.com, which sells about 2.5 million titles from over 25,000 publishers. Books are supplied by #2 US book distributor Baker & Taylor. Varsity Group markets textbooks through a network of student representatives on more than 600 college campuses. Spotting a more promising path to profits, the company has sought to reach students (or parents) of private middle schools and high schools, as well. Law school buddies Eric Kuhn and Tim Levy launched the company in 1998. Investment firms Mayfield Fund and The Carlyle Group own 15% and 13% of Varsity Group, respectively. Kuhn owns about 10%.

 COMPETITION
Barnes & Noble College Bookstores, Inc. (dossier)
Ecampus.com, Inc. (dossier)
Follett Corporation (dossier)

 DEALS
Deal: ICQ, VarsityBooks.com Enter Alliance
Date Announced: 01.06.00
Value of transaction (US $Mil): 0
Description: Internet messaging system and online college bookseller enter three-year, multimillion dollar joint marketing agreement.

Search all deals for this company

 TRACKERS
Jun. 29, 2000 - LAYOFF TRACKER
27 laid off
Description: Changing its focus from bookselling to college marketing.

More LAYOFF NEWS

 STOCK ANALYSIS
 View by:
 Day 
 Day 
 Month 
 Month 
 Year 
 Year 
FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 28.50
1-Yr. Sales Growth: 168.9%
Employees: 550
Revenue per employee: $51,818.18

 KEY PEOPLE
• Eric J. Kuhn
    CEO

 CONTACT INFO
1825 Eye St., NW, Ste. 400
Washington, DC 20006
US
Phone: 202-667-3400
Fax: 202-332-5498
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001