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December 17, 1987 | From Reuters
A Houston consumer electronics concern said it is terminating its shop-by-television operation, citing doubts about "whether the home shopping industry is viable into the 1990s." Entertainment Marketing Inc. said it will terminate its Consumer Discount Network home shopping unit Dec. 21 to stem losses in the division. While the division's sales grew rapidly in the first nine months of 1987 to $6.6 million from $721,591 the year before, losses grew even more quickly.
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BUSINESS
December 17, 1987 | From Reuters
A Houston consumer electronics concern said it is terminating its shop-by-television operation, citing doubts about "whether the home shopping industry is viable into the 1990s." Entertainment Marketing Inc. said it will terminate its Consumer Discount Network home shopping unit Dec. 21 to stem losses in the division. While the division's sales grew rapidly in the first nine months of 1987 to $6.6 million from $721,591 the year before, losses grew even more quickly.
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BUSINESS
June 21, 2011 | By Andrew Khouri, Los Angeles Times
With a mighty swing, Rory McIlroy gave golf a new hero and an Orange County company a chance at outfitting a new generation of athletes. Known mostly for high-end sunglasses, Oakley Inc. provided clothing for the 22-year-old McIlroy during his star turn at the U.S. Open last weekend. McIlroy, who on Sunday became the youngest golfer to win the tournament since 1923, wore a blue polo shirt, white pants and a belt — all Oakley branded. Comparisons to Tiger Woods — and the sales he generated for Nike Inc. — have marketing experts predicting good fortunes for Oakley.
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