Categories: Business

SkyMall bankrupt: SCOTTeVEST intends to bid for in-flight catalog’s assets

SCOTTeVEST is pursuing an acquisition of SkyMall, just days after the in-flight catalog filed for bankruptcy protection.

Scott Jordan, the founder of SCOTTeVEST, an Idaho company that makes tech-friendly clothing, has put in a bid for SkyMall.

He has not revealed the bid’s value since he is under a nondisclosure agreement with the company handling the sale of SkyMall.

Scott Jordan’s decision to put in a bid comes just after SkyMall announced it was bankrupt.

SkyMall has worked with SCOTTeVEST in the past.

The SkyMall brand is so big that other bids are to be expected.

Scott Jordan already has plans for the company, saying he will “bring SkyMall into the digital age”. Part of the reason why SkyMall has gone bankrupt is because devices such as laptops have removed the need for in-flight magazines.

SkyMall sells merchandise from a variety of sources, including its own curated selection of items. It also has allowed advertisers like SCOTTeVEST to place paid ads in the catalog. But in all cases, customers are encouraged to make purchases directly through the magazine (by phone or Web site) rather than directly through the manufacturer.

q82IgHZgS4Y
Clyde K. Valle

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.

Recent Posts

UCLA Protests: Police Clash with Protesters as Officers Clear Pro-Palestinian Encampment

President Joe Biden has urged pro-Palestinian protesters on university campuses to uphold the rule of…

9 hours ago

Mufasa: Blue Ivy Carter Joins Voice Cast of The Lion King Prequel

Blue Ivy Carter has joined the voice cast of The Lion King prequel Mufasa: The…

9 hours ago

Deadly Tornadoes Hit Oklahoma Leaving Thousands Without Power and Causing Serious Damage

At least five people, including a four-month-old baby, have been killed after dozens of tornadoes…

3 days ago

Harvey Weinstein in Hospital After Conviction Overturned

Harvey Weinstein has been hospitalized just days after his 2020 rape conviction in New York…

5 days ago

Hamas Releases Video of Two Hostages, Including a Kidnapped US Citizen

Hamas has published a video showing the first proof of life of US and Israeli…

5 days ago

Trump Trial: Prosecutors and Attorneys Deliver Opening Statements

Prosecutors and Donald Trump’s attorneys delivered opening statements and the first witness was called on…

1 week ago