Sharper Image

Sharper Image is an American brand that offers consumers home electronics, air purifiers, gifts, and other lifestyle products through its website, catalog, and third-party retailers.

[4] Later, through their catalog,[5] The Sharper Image expanded its product assortment to include high-end futuristic gadgets, electronics, massage chairs, and air purifiers.

News coverage pointed out the stocks fall from about $40 per share to about 23 cents (a $3.6 million market capitalization) at the time of his departure.

[16] On May 29, 2008, a joint venture led by units of private investment firms Hilco Consumer Capital, Infinity Lifestyle Brands, Gordon Brothers Group, and Bluestar Alliance won a bankruptcy auction to acquire the assets of The Sharper Image, paying $49 million (~$68.1 million in 2023) plus some contingent recovery for the company's assets.

In December 2016, Irvine (California)-based ThreeSixty Group, owners of brands such as FAO Schwarz and Vornado Air, purchased all remaining rights (including global manufacturing, distribution, and licensing rights) from Iconix Brand Group for US$100 million (~$124 million in 2023).

In 2002, Consumer Reports tested many fan-driven air purifiers alongside the Sharper Image's Ionic Breeze Quadra.

The Sharper Image was not happy with the results and sued Consumer Reports in order to get what they thought would be a fairer testing of the product.

[22] However, the suit was dismissed, primarily owing to the court's finding that the company "has not shown that the test protocol used by Consumers Union was scientifically, or otherwise, invalid" and had not "demonstrated a reasonable probability that any of the challenged statements were false".