 | |
| Headquarters | Redditch, United Kingdom |
|---|---|
| Ownership | |
| Owner | Gems TV Holdings Limited |
| History | |
| Launched | 8 October 2004 (UK)[1] 1 October 2006 (Germany)[2] 29 November 2006 (USA) 11 November 2007 (Japan)[2] ? (China) |
| Closed | 15 April 2010 (USA) |
Gems TV was a jewellery manufacturer and reverse auction TV shopping network headquartered in Chanthaburi, Thailand. It began its operations in October 2004 in the UK, and then expanded to Germany, America, Japan and China. Gems TV was formed from the merger of Thaigem Limited and Eagle Road Studios, which formed Gems TV UK Limited, which eventually became a subsidiary of Gems TV Holdings Limited when the company expended to other countries.
For the fiscal year ending 30 June 2009, revenues amounted to $162.16 million, down 31% from the previous year, with a gross profit of $53 million.[3]
Since the closure of Gems TV USA and the sale of Gems TV (UK) and Gems London (Gems TV Japan) in 2010, the company no longer focuses on jewellery production and the sales through their own shopping channels.
- ^ "Most significant events in our corporate history". Gems TV. Archived from the original on 2009-02-01. Retrieved 2009-02-12.
- ^ a b "Gems TV to start Japan Broadcast in November" (PDF). Gems TV. Retrieved 2010-07-16.
- ^ Gems TV Investor Information[permanent dead link]