Sharper Image Up For Sale

San Francisco Sharper Image announced Wednesday that it will pursue a sale of its business and assets. The company is soliciting interest from potential acquirers, with intentions to complete the sale process and receive approval from the bankruptcy court before the end of May.

In a statement released across Business Wire, Sharper Image chief executive Robert Conway stated, “Given the present retail climate and specialty nature of the company, as well as the limited financing available to the company, a sale of its business and assets at this time will preserve values and yield the best recovery.”