Zappos.com, Inc. announced the signing of a definitive agreement to
purchase the assets of 6pm.com from eBags, Inc. Formerly Shoedini.com,
6pm.com is an online footwear and accessory source. The deal is
expected to close within three months and terms of the transaction were
not disclosed.
“We recognize there are a variety of different types of consumers out
there. Through Zappos.com and 6pm.com, we want to provide them with the
online shopping experience that reflects their unique needs,” says Tony
Hsieh, CEO of Zappos.com. “6pm.com has done a terrific job attracting a
significant customer base. We recognize that success and plan to
continue to operate 6pm.com as a separate website.”
“6pm.com quadrupled in size during the three years we owned the
website,” says Jon Nordmark, CEO and co-founder of eBags.com. “We feel
confident in our decision to sell 6pm.com to an outstanding company
like Zappos.com, as this move will allow eBags to concentrate our
energy towards continuing to be the Internet's premier luggage and
handbag e-tailer.”
Zappos.com currently stocks more than 3 million shoes, handbags,
apparel items and accessories from over 1,000 brands in warehouse space
totaling 905,000 square feet. Ranked #79 in 2006 on Inc. Magazine's
list of 500 fastest-growing private companies in the U.S., Zappos.com
in 2006 topped $586 million in gross merchandise sold, strongly
surpassing its 2005 number of $370 million.
eBags is the world's leading online retailer of luggage, handbags,
business cases, backpacks and accessories for all lifestyles. With over
6.7 million bags sold, eBags features over 500 brands and 30,000
products from names such as Samsonite, Kenneth Cole, Kathy Van Zeeland,
kate spade, Cole Haan, JanSport, and Nike.
