Multiplatform, interactive video, and digital commerce company, iMedia Brands (IMBI), has signed five-year exclusivity pacts with two of its biggest vendors, Invicta Watch Company of America (IWCA) and FamJams Trading (Famjams). iMedia CEO Tim Peterman said, “These five-year exclusivity agreements provide our ShopHQ customers with the important stability of continuing to enjoy innovative products from brands they love.” (See iMedia Brands stock chart on TipRanks) Peterman added, “These agreements also provide our shareholders with the stability of continuing to enjoy the financial performance of three innovative brands that collectively generate over 20% of ShopHQ’s annual revenues today.” IWCA has granted iMedia exclusivity over its Invicta, Technomarine, S.
https://www.tipranks.com/news/imedia-brands-inks-exclusivity-agreements-with-two-of-its-largest-vendors-street-sees-167-upside
iMedia Brands (NASDAQ:IMBI)
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