Skymall Sees Web Sales Soar

Share this article:
Skymall Inc., Phoenix, next month expects to announce Internet sales of $13.1 million for 1999, a 420 percent increase over 1998.


The company invested more than $30 million last year in information technology infrastructure and Web initiatives to shift a significant portion of business online.


"Thirty-seven percent of our core consumer business now comes via the Web," said Robert M. Worsley, founder/CEO at Skymall.


The company expects net sales for 1999 to be $61 million vs. 1998 net sales of $49.3 million. Sales attributed to its offline catalog business were essentially flat, increasing $1.5 million compared to 1998.


Skymall expects to report fourth quarter sales of about $25.7 million, a 26 percent increase over the same period in 1998.

This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions