Stumps Buys Celebration Fantastic Catalog

Share this article:
Party and prom supplier Stumps said yesterday that it has acquired gift catalog and Internet retailer Celebration Fantastic. Terms of the transaction were not disclosed.


Celebration Fantastic sells gifts, collectibles, apparel and décor items for holidays and other celebrations. The company, founded in 1990 by Kathleen Mahoney and Ozzie Ayscue, has annual revenue of more than $10 million. Stumps said it expects to move Celebration Fantastic's operations from San Francisco and Portland, TN, to its headquarters in South Whitley, IN. The company also anticipates hiring up to 40 more people in the coming year.


This is Stumps' third acquisition in the past four years. In 1998, it bought Glass Branders, a glass decorating company, and in 2000, it acquired SpiritLine Inc., a fundraising and spirit catalog company.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Wine.com Uncorks New Digital Marketing Opportunities

Wine.com Uncorks New Digital Marketing Opportunities

The online wine retailer's strategy incorporates different flavors and depths.

93% of Companies Are Ineffective at Cross-Channel Marketing

93% of Companies Are Ineffective at Cross-Channel Marketing ...

Companies point to a lack of resources as the most common reason for lackluster marketing integration, a study says.

Metal Mulisha Races Towards Customization

Metal Mulisha Races Towards Customization

The motocross apparel company boosts mobile and Web conversions through product recommendations and personalized search.