Amazon.com Acquires Women's Fashion Retailer Shopbop.com

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Amazon.com Acquires Women's Fashion Retailer Shopbop.com

02-28-2006, 12:41 PM,

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Kristijntje Offline

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Amazon.com Acquires Women's Fashion Retailer Shopbop.com

Quote:Amazon.com, Inc.today announced it has acquired Shopbop.com (www.shopbop.com), a retailer of fashion-forward apparel, shoes and accessories for women. Terms of the deal were not disclosed.

...Founded in 1999 as a single brick-and-mortar store, the Shopbop.com site sells a wide array of apparel, accessories and shoes to consumers around the world, and is a popular destination for fashion-savvy consumers.

Shopbop.com will continue to operate as a stand-alone site and will be run as a complement to Amazon's existing Apparel & Accessories Store (www.amazon.com/apparel). All aspects of Shopbop.com's customer experience will remain intact and their operations will remain in Madison...

"We're incredibly happy to have Shopbop.com become part of the Amazon family," said Russ Grandinetti, vice president for Amazon's Apparel and Accessories. "We look forward to introducing their incredible brand and store to Amazon's tens of millions of customers."...

full article: http://phx.corporate-ir.net/phoenix.zhtml?c=176060&p=irol-newsArticle&ID=822227&highlight=

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