ValueVision Media, Inc.
ValueVision Media, Inc. (ValueVision Media, Inc.) is engaged in selling jewelry, apparel and accessories in the US. The company is engaged in marketing, sale and distribution of its products directly to consumers through electronic media and multiple retailing channel. The products portfolio of the company includes diamonds, earrings, necklaces, gold, silver, gemstones, watches, home decor, lamps, tableware, and desktops. It also comprises of ipods, fitness equipment, treadmills, coins, dollar coins, laptops, beauty products, handbags, jackets, and apparel for men and women. It markets these merchandises under the brand names such as Croton, Invicta, ProForm Abs and Tag Heuer. The company is headquartered in Minnesota, United States.The company reported revenues of (U.S. Dollars) USD 567.51 million during the fiscal year ended January 2009, a decrease of 27.39% from 2008. The operating loss of the company was USD 99.53 million during the fiscal year 2009, as compared to an operating loss of USD 23.05 million during 2008. The net loss of the company was USD 97.79 million during the fiscal year 2009, as against a net profit of USD 22.45 million during 2008.
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