Sharper Image Store
Leanna Perr
Sharper Image is an American brand that offers consumers home electronics, air purifiers, gifts, and other high-tech lifestyle products through its website, catalog, and third-party retailers. The brand is owned by ThreeSixty Group,[1] with the U.S. catalog and website owned and operated by Michigan-based Camelot Venture Group.[2]
The brand has been in operation since its relaunch in 2010. The earlier consumer products retailer by that name was founded by Richard Thalheimer and was in business from 1977 until its closing in 2008. The company sold merchandise through dozens of retail stores throughout the United States, a monthly catalog, and its website, along with business-to-business sales teams that marketed products for corporate incentive programs and wholesale to retailers.
The Sharper Image was founded by Richard Thalheimer. The company started in 1977 as a catalog business to sell jogging watches.[4] Later, through their catalog,[5] The Sharper Image expanded its product assortment to include high-end futuristic gadgets, electronics, massage chairs, and air purifiers. The Sharper Image eventually expanded to 187 retail stores in 38 states.[6]
Litigation involving its Ionic Breeze air purifiers sullied the brand's image.[7] The company sued Consumer Reports for Fail ratings on ionic purifiers. In turn, the company was sued by customers for ineffective air purification.
In 2006 there was a change in the board of directors of the company, and the removal of Thalheimer as CEO.[8] Thalheimer was replaced by Chairman Jerry W. Levin.[9] Not long after, on April 9, 2007, Steven A. Lightman became the president and CEO.[10]
The Sharper Image stock price reached a record low of 29 cents a share on February 20, 2008. On February 25, 2008, The Sharper Image announced it had received notification that it would be delisted from the NASDAQ exchange. The company filed for bankruptcy protection with the U.S. Bankruptcy Court in Wilmington, Delaware after four years of sales losses and three straight years of losses.[11] Sharper Image said it had $251.5 million of assets and $199 million of debts as of January 31, 2008, according to the filing.[12] Cash on hand totaled about $700,000.[13] All of its retail stores were closed by the end of 2008.[14]
On April 10, 2008, Levin resigned as a member and chairman of the board of the company to pursue participating with other investors to acquire some or all of the company's businesses or assets. But, as was pointed out, "Levin hasn't made a lot of money for the investors of Sharper Image he's teamed up with so far, including Under Levin, the company's stock price had fallen from about $40 three years earlier to about 23 cents (a $3.6 million market capitalization) at the time of his departure.[15] Levin joined a group making a bid for the company; the group included hedge fund Ramius Capital, which was involved in Levin getting onto the company's board of directors, and Clinton Group, which announced a large stake in the company in December 2017.[16]
In 2011, Iconix Brand Group bought the Sharper Image brand[20] and took control of all licensing relationships, while Camelot Venture Group continued to operate the catalog and website. In June 2014, Camelot Venture Group acquired the rights to the US direct-to-consumer division of the brand (catalog and e-commerce) from Iconix Brand Group.
In 2002, Consumer Reports tested many fan-driven air purifiers alongside the Sharper Image's Ionic Breeze Quadra. The Sharper Image was not happy with the results and sued Consumer Reports in order to get what they thought would be a fairer testing of the product.[22] However, the suit was dismissed, primarily owing to the court's finding that the company "has not shown that the test protocol used by Consumers Union was scientifically, or otherwise, invalid" and had not "demonstrated a reasonable probability that any of the challenged statements were false". Furthermore, Sharper Image could not "come forward with any evidence from which a finding of malice could be made."[23]
Two years later, Consumer Reports stated that the Quadra could be dangerous to consumers' health because of the trace levels of ozone produced by the unit.[24] As a result sales plummeted, and Sharper Image stores took back all units for a cash refund. The Sharper Image's response was to work with the Engelhard Corporation and create an ozone catalyst that reduced the amount of excess ozone in the purified air before it circulated throughout the room.[25]
At SharperImage.com, we're always looking for that next HOT product...that next BIG THING. Please email us a description of your product, a photo or video of the product, who you're currently selling it to, and your contact information (name, email and phone number). Our merchandising team will follow up with you within 14 days.
Email us with your product(s): produc...@sharperimageonline.com
Please view our returns policy at www.sharperimage.com/company/return-policy.
To initiate a product return, please use our self-serve online returns center at www.sharperimage.com/orders/index.
Applicable state sales tax will be applied in accordance with state tax laws. Sales Tax will be calculated at the time of order review, before your order is placed.
If you have placed an order, and are tax exempt, please fax your tax exempt form to 248-741-5106, Attn: Customer Service. You will then receive a credit for the amount of tax charged on your order.
Unfortunately, we are not able to assist you with products purchased from the Former Sharper Image Company, which filed for bankruptcy on February 19, 2008. We are a new company offering new and innovative products.
There are currently no Sharper Image store locations, our official website, www.Sharperimage.com, is the best place to purchase all the products. SharperImage.com is the premier website to new, unique and innovative gifts for everyone on your list.
On May 30, 2008, the Former Sharper Image's (The Sharper Image Corporated) assets were acquired by a joint venture formed between Hilco Consumer Capital, Gordon Brothers and Bluestar Alliance. This joint venture has been re-established as SharperImage.com. Through a licensing agreement with The Sharper Image, Camelot Venture Group, is in charge of managing and operating the SharperImage.com website and ecommerce platform. SharperImage.com has no affiliation to The Sharper Image Corporated ("TSIC") that filed for bankruptcy in 2008, or any of the various retail stores currently selling Sharper Image licensed products.
SharperImage.com does not provide replacement parts and or repair service at this time. We are not the product manufacturer therefore do not have access to replacement parts. If you received a defective item and need to return it for the same item, please call our Customer Service line (1-877-714-7444) to request a new item.
SharperImage.com has partnered with ShipItAPO.com for all APO/FPO shipments. You will need to sign up at ShipItAPO.com for your unique stateside street adress, and then come back to SharperImage.com to complete your order. You will use this unique ShipItAPO.com issued address as your "Ship To" address during checkout.
SharperImage.com will issue a refund after we receive and process an acceptable return. For items directed to our Returns Center, it can take 7-14 business days to receive a refund after the item has been received.
An order and a processing status has been received by SharperImage.com and sent to the warehouse for processing. Please allow 1 to 2 business days for your order to ship. You will receive a shipping confirmation email at that time, and tracking information will be available.
Shop anywhere on SharperImage.com, then find out your Mystery Coupon savings when you check out. Just add any product to your cart, enter the specified promo code, and you'll receive 5%, 10%, 20%, 30%, or 50% off your entire order. NO PURCHASE NECESSARY. OPEN TO LEGAL RESIDENTS OF THE UNITED STATES (D.C.), 18 YEARS AND OLDER. VOID WHERE PROHIBITED. Discount coupon is valid for 60 days from the time of issuance. Sponsor: Camelot SI, LLC, 40230 Grand River Ave, Suite 200, Novi, MI 48375. Cannot be combined with any other offer. Offer may be cancelled or modified at any time. Not valid for previous purchases. Discount does not apply towards Cuisinart, Fujifilm, Human Touch, Olympus, Otterbox, Polaroid, Razor, Rock-Ola, Sharp, Sharper Image Massage Chairs, Toshiba, Vitamix, Vornado or Gift Cards/eGift Cards or other selected items. Maximum discount of $600. Non-transferable. Internet distribution strictly prohibited. Valid for one-time use only. Any misuse of the Mystery Coupon program may result in cancellation of your order. Returns and exchanges are subject to discount taken at time of redemption.
SharperImage.com reserves the right, without prior notification, to limit the order quantity on any item and/or to refuse service to any customer, as well as reject orders placed with the intent of resale. Verification of information may be required prior to the acceptance of any order. Prices and availability of products on the site are subject to change without notice. Errors will be corrected when discovered, and SharperImage.com reserves the right to revoke any stated offer and to correct any errors, inaccuracies, or omissions (including after an order has been submitted).
Cash Back Coupons will be issued via email within 2 business days after the order ships. A valid email address is needed to be eligible for the promotion. If any item on the qualifying purchase is returned, the cash back coupon for the entire order will be void, and a full refund will be issued. If the cash back coupon for the returned item has already been redeemed, the cash back amount will be deducted from the return credit. Products subject to availability. Promotional coupons may not be redeemed towards the purchase of Cuisinart, Fujifilm, Human Touch, Olympus, Otterbox, Polaroid, Razor, Rock-Ola, Sharp, Sharper Image Massage Chairs, Toshiba, Vitamix, Vornado or Gift Cards/eGift Cards or other selected items. Coupons may not be redeemed in conjunction with any other promo codes or promotional gift cards/eGift cards. Cash Back coupon balances do not carry over, and must be redeemed in one transaction. Cash Back coupons will apply towards your future order subtotal, before any applicable shipping fees or tax. Does not apply to past transactions. Cash Back Coupons will be calculated on your product order subtotal.
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