Gift & accessory retailer RedEnvelope Q1 sales up 18.2%
03 Aug '05
5 min read
In addition, RedEnvelope currently anticipates capital expenditures for the fiscal year 2006 will be approximately $3.5 million in line with its currently anticipated depreciation expenses for fiscal year 2006.
California based RedEnvelope Inc is an online retailer of upscale gifts for every occasion, every day. RedEnvelope offers a unique assortment of imaginative gifts through its catalog and website. It was developed in 1997 under the name “Giftworks Online Inc” and changed its name to “911 Gifts Inc” in December 1997. They reincorporated in the state of Delaware under the name “911 Gifts Inc” in March 1999 and changed our name to “RedEnvelope Inc” in September 1999. It sells gourmet foods, jewelry, toys, housewares, and personalized products.