Exhibit 20.1
                                                 [HANOVER DIRECT LOGO]

FOR IMMEDIATE RELEASE


CONTACT: Hanover Direct, Inc                      The MWW Group
         Charles E. Blue                          Rich Tauberman
         S.V.P., Corporate Finance                Tel: (201) 507-9500
         Tel: (201) 863-7300

                      Hanover Direct, Inc. Announces Launch
                        of New Investor Relations Web Site

EDGEWATER, NJ, March 26, 2003 -Hanover Direct, Inc. (AMEX:HNV) today announced
the launch of its new Investor Relations Web site (http://www.hanoverdirect.com
).

Designed for ease of use, the Web site greatly expands the amount of available
information for investors on the Company including information pertaining to the
Company's catalog and Internet distribution channels, and a wide variety of
corporate information useful to investors. Charles Blue, Senior Vice President
of Corporate Finance of Hanover Direct who will take over responsibility of the
newly designed Web site and other Investor Relations matters.

Visitors to the Web site will find general information on the corporation and
its subsidiaries, press releases, stock charts, SEC filings and earnings
announcements, frequently asked questions, contact information, an event
calendar and a form to complete should someone wish to receive more information
from Hanover Direct's Investor Relations.

"We developed this new Web site to better serve our customers, investors and
others interested in Hanover Direct with complete, accurate and up-to-date
information about our Company, and its brands," said Edward M. Lambert,
Executive Vice President and Chief Financial Officer of Hanover Direct. "We have
not only expanded the amount of information available on the Web site; we have
also organized it for ease of access and clarified it for ease of
understanding."

"Hanover  Direct's  new IR Web site is  state-of-the-art  and  serves as a great
example to other  companies of the  capabilities of an  Internet-based  investor
relations program," said Greg Radner, Vice President of Marketing at CCBN. "We
are  delighted  that  Hanover  Direct has chosen CCBN to help them  leverage the
Internet to communicate with the investment community."

Thomas C. Shull, Chairman, Chief Executive Officer and President of Hanover
Direct added, "We are very excited about the progress we're making at Hanover
Direct and want to make it easier for our investors and customers to learn about
the Company. We will continue to expand the use of Internet technology not only
as a purchase channel for our customers, but also an efficient means to share
information about our Company."



About Hanover Direct, Inc.

Hanover Direct, Inc. (AMEX: HNV) and its business units provide quality, branded
merchandise through a portfolio of catalogs and e-commerce platforms to
consumers, as well as a comprehensive range of Internet, e-commerce, and
fulfillment services to businesses. The Company's catalog and Internet portfolio
of home fashions, apparel and gift brands include Domestications, The Company
Store, Company Kids, Silhouettes, International Male, Scandia Down, and Gump's
By Mail. The Company owns Gump's, a retail store based in San Francisco. Each
brand can be accessed on the Internet individually by name. Keystone Internet
Services, LLC (www.keystoneinternet.com), the Company's third party fulfillment
operation, also provides the logistical, IT and fulfillment needs of the
Company's catalogs and web sites. Information on Hanover Direct, including each
of its subsidiaries, can be accessed on the Internet at www.hanoverdirect.com.

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