October 23, 2014 11:59 AM ET

Specialty Retail

Company Overview of Brookstone Inc.

Company Overview

Brookstone, Inc., through its subsidiaries, operates as a specialty retailer in the United States. The company operates through three segments: Retail, e-Commerce, and Alternative Distribution. It sells various technology products, such as audio products, mobile solutions, headphones, and digital media products; wellness products comprising massagers, eComfort, massage and comfort chairs, and sleep solutions; travel products, including in-flight comfort, travel lifestyle, mobile charging, and mobile accessories; and home products consisting of home lifestyle, outdoor, entertainment, and holiday/seasonal products. The company operates full-year stores, seasonal stores, and kiosks; and offers ...

One Innovation Way

Merrimack, NH 03054

United States

Founded in 1965

Phone:

603-880-9500

Fax:

603-577-8004

Key Executives for Brookstone Inc.

Chief Executive Officer
Age: 49
Chief Financial Officer and Vice President
Age: 59
Director
Age: 55
Vice President and General Counsel
Age: 47
Executive Vice President of Product Development
Compensation as of Fiscal Year 2014.

Brookstone Inc. Key Developments

Brookstone Announces Executive Changes

Brookstone announced the resignation of James M. Speltz, President and Chief Executive Officer. Steve Schwartz, the company's Chief Merchandising Officer, has been appointed by the board to serve as Interim President and CEO. Mr. Schwartz has been with Brookstone for 15 years, and has led the Merchandising, Product Development and Marketing teams at Brookstone for the last three years.

GE Capital Provides Brookstone with $115 Million Senior Credit Facility

GE Capital announced it is providing Brookstone with a $115 million senior credit facility. The financing will be used to support the company's recent acquisition by Sailing Innovation (Sailing) and general working capital needs.

Intelligent Energy Announces Brookstone as US Launch Partner for Upp™

Intelligent Energy announced that it is partnering with Brookstone to launch the Upp™ personal energy device at this year's CES. Based on Intelligent Energy's innovative fuel cell technology, Upp represents a new category of device able to power USB compatible portable electronic devices, such as smart phones, feature phones, eReaders, tablets, portable gaming consoles, as well as digital cameras, providing consumers with the energy freedom to keep connected and powered up. Based on a single fuel cartridge, Upp delivers at least one week of charge even to the most demanding, power-hungry smartphones. Upp also comes with an app, which provides users with fuel prediction capability, shows the nearest fuel cartridge exchange locations and personal usage statistics, FAQs and overall customer support. The app can be downloaded from the Apple App Store (iOS 5 and higher) or from Google play for Android devices (Android 4.0 Ice Cream Sandwich and higher).

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 3, 2014
--
Bankruptcy
April 3, 2014
--
Merger/Acquisition
April 3, 2014
--
 

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