In an effort to rebuild its empire, in part through acquisitions, as well as fortify its standing in the European market, eBay today announced that it entered into a definitive agreement to acquire Germany’s largest online shopping club for fashion, brands4friends, for nearly US$200 million. eBay to Acquire brands4friends, Its Third Big Buy this Month…
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The $200 million purchase of brands4friends is designed to bolster eBay’s status as an online outlet for clothing in Europe. More: continued here
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Moneycontrol.com EBAY: Lazard Positive On Brands4Friends DealBarron’s (blog)Lazard Capital analyst Colin Sebastian this morning writes of eBay's (EBAY) announced $200 million purchase of German apparel retailer …EBay to Buy Germany's Brands4friends to Boost Web Fashion Sales in EuropeBloombergeBay buys into German fashion clubRegisterEBay Snaps Up Top German Shopping ClubWall Street Journal (blog)Financial Times –Bizjournals.com –Beacon Equity Researchall…
eBay announced that it is acquiring brands4friends , a German online fashion shopping club, for about $200 million. eBay says the move is designed to strengthen its position as a leading online fashion destination in Europe. The company already claims to generate over $5.4 billion in clothing, shoes and accessories merchandise annually, around the world….
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Moneycontrol.com Breaking: eBay acquires brands4friends private sales site for $200 millionTechCrunchby Lukas Zinnagl on December 20, 2010 Germany's largest private sales fashion shopping club has just been acquired by eBay for a whopping $200 million (€150 …EBay to Buy Germany's Brands4friends to Boost Web Fashion Sales in EuropeBloombergEBAY: Lazard Positive On Brands4Friends DealBarron’s (blog)eBay buys…
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US online auction giant eBay said Monday that it has agreed to buy brands4friends, Germany’s largest online fashion shopping club, for 200 million dollars (150 million euros) in cash. More: continued here