ShopNBC Jewelry Category Sales +34% in 4Q - Rapaport

Twenty-four hour a day shopping network ShopNBC reported fourth quarter revenues rose 1 percent to  $218 million ending February 2, 2008. ShopNBC reported a net loss of $864,000, whereas one year earlier it reported a net income of $3.5 million. Jewelry and watch category sales rose 34 percent the company reported without citing figures. The growth in sales was equal to the rate one year ago.

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