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GSI Commerce Q4 net revenue up 23 % to $750mn
25 Feb '08
4 min read
Key Events Since Oct. 24, 2007:
• GSI today announced that it closed its acquisition of e-Dialog Inc., a Lexington, Mass.-based, market-leading provider of advanced e-mail marketing services and solutions to more than 100 blue-chip companies in the U.S. and Europe.
• GSI obtained a $75 million revolving secured line of credit from a bank group led by PNC Capital Markets.
• GSI closed its acquisition of Zendor.com Ltd., a Manchester, U.K.-based leading provider of fulfillment, customer care and e-commerce solutions.
• GSI announced a new e-commerce partnership with the Casual Male Retail Group Inc. (Nasdaq: CMRG) to design, develop and operate the online stores for both the Casual Male XL and Rochester Big & Tall brands in six European countries.
• GSI extended multiyear e-commerce agreements with three Accretive Commerce partners to provide their combined five online stores with fully integrated e-commerce solutions. All five Web stores are scheduled to launch on GSI's e-commerce platform during 2008.
• GSI signed a multiyear agreement to provide privately held Spanx®, a women's hosiery and shapewear company, with a full-service, e-commerce solution.
• GSI signed a multiyear extension to continue to provide customer care services for the direct-to-consumer business of Restoration Hardware, and signed a multiyear contract extension with a global financial services company to continue servicing that company's loyalty program in the U.S. Both Restoration Hardware and the global financial services company are Accretive Commerce partners.
• GSI launched a new Web store for New York-based, Marc Ecko Enterprises, an innovative, global fashion and lifestyle company • GSI launched a new Web store for Nautica, a leading global lifestyle brand.
• GSI signed a multiyear agreement to provide customer care services for the online store of Belk Inc., the largest privately owned department store company in the U.S.
• GSI has become the new, full-service e-commerce solution provider for Major League Soccer (MLS) recently re-launching the league's Web store at its website.
• Lawrence S. Smith was elected by the company's board of directors to serve as a director of the company. Smith served as executive vice president and co-chief financial officer of Comcast Corporation from 1988 to 2007, and also serves on the boards of Air Products and Chemicals Inc., MGM Holdings Inc. and Tyco Electronics Ltd.
• GSI today announced that it closed its acquisition of e-Dialog Inc., a Lexington, Mass.-based, market-leading provider of advanced e-mail marketing services and solutions to more than 100 blue-chip companies in the U.S. and Europe.
• GSI obtained a $75 million revolving secured line of credit from a bank group led by PNC Capital Markets.
• GSI closed its acquisition of Zendor.com Ltd., a Manchester, U.K.-based leading provider of fulfillment, customer care and e-commerce solutions.
• GSI announced a new e-commerce partnership with the Casual Male Retail Group Inc. (Nasdaq: CMRG) to design, develop and operate the online stores for both the Casual Male XL and Rochester Big & Tall brands in six European countries.
• GSI extended multiyear e-commerce agreements with three Accretive Commerce partners to provide their combined five online stores with fully integrated e-commerce solutions. All five Web stores are scheduled to launch on GSI's e-commerce platform during 2008.
• GSI signed a multiyear agreement to provide privately held Spanx®, a women's hosiery and shapewear company, with a full-service, e-commerce solution.
• GSI signed a multiyear extension to continue to provide customer care services for the direct-to-consumer business of Restoration Hardware, and signed a multiyear contract extension with a global financial services company to continue servicing that company's loyalty program in the U.S. Both Restoration Hardware and the global financial services company are Accretive Commerce partners.
• GSI launched a new Web store for New York-based, Marc Ecko Enterprises, an innovative, global fashion and lifestyle company • GSI launched a new Web store for Nautica, a leading global lifestyle brand.
• GSI signed a multiyear agreement to provide customer care services for the online store of Belk Inc., the largest privately owned department store company in the U.S.
• GSI has become the new, full-service e-commerce solution provider for Major League Soccer (MLS) recently re-launching the league's Web store at its website.
• Lawrence S. Smith was elected by the company's board of directors to serve as a director of the company. Smith served as executive vice president and co-chief financial officer of Comcast Corporation from 1988 to 2007, and also serves on the boards of Air Products and Chemicals Inc., MGM Holdings Inc. and Tyco Electronics Ltd.
GSI Commerce Inc
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