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23 New Tenants Live on Fashionmall.com in November & December; Ashford.com, Coac
/FROM PR NEWSWIRE NEW YORK 800-776-8090/
TO BUSINESS AND FASHION EDITORS:
23 New Tenants Live on Fashionmall.com in November & December;
Ashford.com, Coach, Gloss.com, Rampage and Sephora.com Among New Clients
NEW YORK, Dec. 13 /PRNewswire/ -- fashionmall.com, Inc. (Nasdaq: FASH)
reported today that the number of new clients posted live to the site in
November and December has resulted in a record number of tenants on the
fashionmall.com site. A total of 23 new merchants have gone live on
fashionmall.com since November, including Ashford.com (Nasdaq: ASFD), Rampage,
beautyjungle.com, eBags, IZOD (NYSE: PVH) and Gloss.com. Coach and
Sephora.com are among the most recent additions, boosting the Company's
offerings in the accessories and beauty categories.
According to company CEO Ben Narasin, "We now have over 60 tenants on the
site. We've seen a major spike in business in the fourth quarter as
retailers, manufacturers and catalogers attempt to build their e-tailing
businesses for both the holiday season and the next millennium."
"The quality and quantity of new clients on the site is a strong
endorsement of the value-added that fashionmall.com brings to its tenants,"
noted Laurel Imig, fashionmall.com's Director of Strategic Development. "Our
online and offline advertising campaigns have had a positive effect on both
increasing traffic to the site and signing more heavily branded retailers and
manufacturers."
fashionmall.com, Inc. operates fashionmall.com
(http://www.fashionmall.com) a vertical fashion portal that generates revenue
by selling traffic, space and advertising to vendors and from transaction fees
on sales. Established in 1994, the site combines an on-line shopping mall
with fashion content to provide a centralized site for manufacturers,
retailers, magazines and catalogs to advertise, display and sell their
products. The company also operates outletmall.com
(http://www.outletmall.com), an on-line off-price fashion site offering name
brand designer merchandise at discounts of 25%-75% off retail.
Statements in this press release other than statements of historical fact
are "forward-looking statements." Such statements are subject to certain
risks and uncertainties, identified from time to time in the Company's filings
with the Securities and Exchange Commission that could cause actual results to
differ materially from any forward-looking statements. These forward-looking
statements represent the Company's judgment as of the date of the release.
The Company disclaims, however, any interest or obligations to update these
forward-looking statements.
SOURCE fashionmall.com, Inc.
/CONTACT: Laura Bremer of DeVries Public Relations, 212-891-0461,
forfashionmall.com/
/Web site: fashionmall.com
Dec-13-1999 16:27 GMT
Symbols:
US;FASH US;ASFD US;PVH
Source PRN PR NewsWire
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