Contact Person: Weyes
Tel: +86 400-678-6206
Address: 30F Whole Floor, xingguang Yingjing Building, No. 119 Shuiyin Road, Yuexiu District, Guangzhou
Latest products
sharper image’s founder is out in shake-up
by：Yovog
2023-08-19
By REUTERSSEPT.
27,200sharper Image said yesterday that the founder of the company, Richard Taylor, was under pressure from a group of shareholders who were dissapointed by the company\'s recent performance, I resigned as chairman and chief executive.
The company appointed Jerry W, one of the investors with different opinions.
Levin served as chairman and interim chief executive and said he would start looking for a permanent chief executive. Mr.
Levin was elected to the board of directors of Sharper Image in July.
The company, based in San Francisco, has been in trouble because of increased competition and poor publicity, and the decline in sales of ion Breeze air purifiers, its important profit driver.
As of Monday, the company\'s share price fell 27% in the year, and sales fell 12% in the previous fiscal year to $648. 9 million.
For the fiscal year ended January, store sales for at least one year of opening fell by 16%. 31.
Advertisementimage said this month that it is expected to report a broader second time
Quarterly losses, and due to a review of stock option practice, it will reiterate the financial results of the past three fiscal years.
In order to stabilize the business, a clearer image has greatly reduced jobs, reduced expenses, slowed down the opening of new stores and tried to provide more popular products.
Please click on the box to verify that you are not a robot.
The email address is invalid. Please re-enter.
You must select the newsletter you want to subscribe.
View all New York Times newsletters.
But the Cavs think these moves are not enough. The Cavaliers have accumulated stakes in the retailer and tried to replace its entire board earlier this year. Mr.
Levin has served as chief executive of Lucano and Sunbeam\'s successor.
He is the chief executive of JW Levin Partners, which specializes in rebuilding branded consumer goods and services.
Sharper Image says it has been hiring JW Levin partners for a year, \"to help resolve operational issues with Sharper Image.
\"Shares in San Francisco-based Sharper Image rose 96 cents to $10, or 10%. 33 a share.
We are constantly improving the quality of text archives.
Please send feedback, error reports, and suggestions to archid_feedback @ nytimes. com.
A version of this article appears in the print version of September 27, 2006 with the title: Sharper Image\'s founder in Shake-Up.
27,200sharper Image said yesterday that the founder of the company, Richard Taylor, was under pressure from a group of shareholders who were dissapointed by the company\'s recent performance, I resigned as chairman and chief executive.
The company appointed Jerry W, one of the investors with different opinions.
Levin served as chairman and interim chief executive and said he would start looking for a permanent chief executive. Mr.
Levin was elected to the board of directors of Sharper Image in July.
The company, based in San Francisco, has been in trouble because of increased competition and poor publicity, and the decline in sales of ion Breeze air purifiers, its important profit driver.
As of Monday, the company\'s share price fell 27% in the year, and sales fell 12% in the previous fiscal year to $648. 9 million.
For the fiscal year ended January, store sales for at least one year of opening fell by 16%. 31.
Advertisementimage said this month that it is expected to report a broader second time
Quarterly losses, and due to a review of stock option practice, it will reiterate the financial results of the past three fiscal years.
In order to stabilize the business, a clearer image has greatly reduced jobs, reduced expenses, slowed down the opening of new stores and tried to provide more popular products.
Please click on the box to verify that you are not a robot.
The email address is invalid. Please re-enter.
You must select the newsletter you want to subscribe.
View all New York Times newsletters.
But the Cavs think these moves are not enough. The Cavaliers have accumulated stakes in the retailer and tried to replace its entire board earlier this year. Mr.
Levin has served as chief executive of Lucano and Sunbeam\'s successor.
He is the chief executive of JW Levin Partners, which specializes in rebuilding branded consumer goods and services.
Sharper Image says it has been hiring JW Levin partners for a year, \"to help resolve operational issues with Sharper Image.
\"Shares in San Francisco-based Sharper Image rose 96 cents to $10, or 10%. 33 a share.
We are constantly improving the quality of text archives.
Please send feedback, error reports, and suggestions to archid_feedback @ nytimes. com.
A version of this article appears in the print version of September 27, 2006 with the title: Sharper Image\'s founder in Shake-Up.
