Sharper Image Brand Lives On With $540M Pact

Law360, New York (October 16, 2008, 12:00 AM EDT) -- The joint venture that snatched up the Sharper Image Corp. brand in bankruptcy, Sharper Image has just inked a $540 million, five-year licensing agreement with a leading manufacturer of personal health, wellness and relaxation products.

On Wednesday, the venture led by Hilco Organization and Gordon Brothers revealed that it had reached an agreement with HoMedics, a move that will help the defunct gadgetry retailer's almost 30 year brand live on as an online, catalog and direct-to-retail brand.

"The Sharper Image is an iconic brand with tremendous...
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