iMedia To Launch 24 New Brands In Q2

iMedia Brands Inc (NASDAQ:IMBI) said it would launch 24 new brands in the second quarter of 2021 across its 24/7, national lifestyle television networks, ShopHQ, ShopBulldogTV, and ShopHQHealth.
The new brands include Jewels by Jorge Peréz, Meredith Marks, Christopher & Banks, Supreme Smile offering a range of oral products, Dr. Sevinor Skincare, 100% palm oil free soap bars, and lotions brand Peet Bros.
The launch also includes Slimline Treadmill, at-home class 3B laser therapy Laser Pain Therapy and Cooling Massage Therapy.
"Our merchants and vendors demonstrate their passionate commitment to consistent product innovation every single day, and our customers appreciate it," said Tim Peterman, Chief Executive Officer.
Customers can shop the collections and watch these events via cable and satellite, over-the-air broadcasting, mobile app, and live streaming.
Price action: IMBI shares traded lower by 1.20% at $8.21 in the premarket session on the last check Monday.