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Trusted Contributor
Posts: 1,379
Registered: ‎06-01-2017

ShopHQ / imedia Brands file for bankruptcy in Delaware

[ Edited ]

I'm sad but it was coming. Thanks Invicta d bros for destroying a good affordable place to shop. As we all knew the world DOESN'T need a ton of watches.

 

 

You can Google it. The links that pop up are paywall so here is a copy and paste. 

 

 

 

 

 

'iMedia Brands Inc. files for Chapter 11 bankruptcy protection in District of Delaware court, according to a court filing.

  • Estimated liabilities: $100-$500m
  • Estimated assets: $100-$500m
  • NOTE: In May, iMedia Brands: Synacor Declared Events of Default Have Occurred
    • iMedia: Substantial Doubt About Going Concern"
Honored Contributor
Posts: 13,344
Registered: ‎10-09-2012

Re: imedia Brands {Shop Hq} file for bankruptcy in Delaware

Plus their ridiculous Bulldog Shopping Network, and their Shophq After Dark never seemed like sound business moves. 

 

 

Trusted Contributor
Posts: 1,379
Registered: ‎06-01-2017

Re: imedia Brands {Shop Hq} file for bankruptcy in Delaware


@Caaareful Shopper wrote:

Plus their ridiculous Bulldog Shopping Network, and their Shophq After Dark never seemed like sound business moves. 

 

 


 

 

A very Bro thing. 

Respected Contributor
Posts: 2,605
Registered: ‎03-02-2016

Re: imedia Brands {Shop Hq} file for bankruptcy in Delaware

[ Edited ]

Yes, they should have changed the name to The Watch Channel. Seemed that item was on 90% of the time. Never cared for the clothing lines they sold. They had that massed produced look to them.

Respected Contributor
Posts: 3,057
Registered: ‎07-12-2011

Re: imedia Brands {Shop Hq} file for bankruptcy in Delaware

I remember when it was called ValueVision they had a great selection of gold jewelry at decent competetive prices 

Respected Contributor
Posts: 3,954
Registered: ‎06-15-2014

Re: imedia Brands {Shop Hq} file for bankruptcy in Delaware

@Estellee I also remember--great jewelry. For example I have a stampato bracelet 14 karat, 23 grams for $230.

 

Gold was $225 an ounce

 

HSN had fabulous deals in clearance.

 

QVC had monthly gem days, highlighting birthstone for that month. I used. to watch round the clock on Gem Day.

Trusted Contributor
Posts: 1,305
Registered: ‎08-19-2011

Re: imedia Brands {Shop Hq} file for bankruptcy in Delaware


@Estellee wrote:

I remember when it was called ValueVision they had a great selection of gold jewelry at decent competetive prices 


Not just gold, but a terrific selection of jewelry designers working in both gold and sterling. They would often have emerging designers with smaller outputs, as well as established lines.  It's really a shame what happened.

Frequent Contributor
Posts: 126
Registered: ‎04-05-2010

Re: imedia Brands { ShopHQ } file for bankruptcy in Delaware

Can't say I'm surprised. They've been on a downhill slide for quite sometime. I seldom watch anymore. With Tom Brennan gone even the Waterford shows last week were boring. And Michael Valitutti has been posting about trying to get problems he's been having resolved but keeps saying he will be back soon. Maybe he should move on too.

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Posts: 3,057
Registered: ‎07-12-2011

Re: imedia Brands {Shop Hq} file for bankruptcy in Delaware

[ Edited ]

@IMW Yes, I remember the Stampado bracelets when they used to sell by gram weight.  I also have one. 

Respected Contributor
Posts: 3,057
Registered: ‎07-12-2011

Re: imedia Brands {Shop Hq} file for bankruptcy in Delaware

@Bookplate It's true, smaller manufacturers with great prices, I miss the good old days.