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DJ ITurf CEO: Co. Focused On 'Most-Wired' Generation
NEW YORK (Dow Jones)--ITurf Inc. (TURF) Chief Executive Stephen Kahn wants his company to become "a leading online network focused on 'Generation Y."'
Focusing on 10- to 24-year-old females, iTurf plans to take advantage of this "most-wired segment of the population" by providing an online magazine, e-mail, home pages, chat rooms, and online shopping, Kahn said in an interview with CNBC Monday.
ITurf enjoys an "enormous set of competitive advantages" through parent company Delia's Inc. (DLIA), a retailer of young women's apparel and accessories, said Kahn.
He added iTurf is using Delia's direct-marketing assets, catalog-circulation base and established brands to build an online business.
ITurf plans on expanding through a recent marketing and content-sharing deal with America Online Inc. (AOL), Kahn said.
ITurf signed May 12 an $8 million, two-year marketing agreement with America Online Inc, where iTurf will receive four anchor tenancies on America Online and three iTurf properties will be positioned on America Online brands, including Netscape Netcenter.
--Bill |
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