SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : fashionmall.com, Inc. (FASH) -- Ignore unavailable to you. Want to Upgrade?


To: Investor Clouseau who wrote (22)11/10/1999 1:29:00 PM
From: Investor Clouseau  Respond to of 76
 
(COMTEX) B: FASHIONMALL.COM AGGRESSIVELY RAMPS SALES TEAM; SALES TEAM
B: FASHIONMALL.COM AGGRESSIVELY RAMPS SALES TEAM; SALES TEAM MORE THAN TRIPLES
IN SIZE

NEW YORK, Nov 10, 1999 /PRNewswire via COMTEX/ -- fashionmall.com,
Inc. (Nasdaq: FASH) reported that it has added five new account
executives over the past thirty days in a dedicated effort to build its
in-house sales team which now totals seven. The new additions to the
sales staff will focus on expanding the number of tenants in the
sportswear, bridal, beauty, footwear and accessory categories.

The expanded sales team gives fashionmall.com added manpower to further
develop the Company's client base. "Our goal is to capture the maximum
number of fashion related retailers, manufacturers and catalogers that
are looking to increase traffic to their websites," said
fashionmall.com CEO Ben Narasin. The fashionmall.com site
(http://www.fashionmall.com) generates revenue by selling traffic,
space and advertising to tenants and from transaction fees on sales.

Fashionmall.com plans to aggressively expand its sportswear, bridal and
beauty categories while continuing to focus on its core fashion
offerings. Narasin added, "Our sales team is the backbone of our
organization and by more than tripling the size of the team, we
position ourselves to take advantage of vendors growing demand for
targeted traffic and increased exposure for their on-line efforts."

fashionmall.com, Inc. operates fashionmall.com
(http://www.fashionmall.com) a vertical fashion portal established in
1994 that 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.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Laurel Imig of fashionmall.com, Inc., 212-891-4226,
info@fashionmall.com

WEB PAGE: fashionmall.com

GEOGRAPHY: New York

INDUSTRY CODE: REA
MLM

*** end of story ***



To: Investor Clouseau who wrote (22)11/10/1999 1:43:00 PM
From: Investor Clouseau  Respond to of 76
 
Fashionmall.com, Inc. Ticker: FASH Page 1 of 10
Complete Financials: June 1999 Exchange NASD
FY END DEC
ISSUE DATA (11/05/99) PER SHARE DATA RATIOS
Price $ 6.06 EPS (TTM) $ -0.78 P/E (TTM) NM
52W High $ 15.88 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 4.25 Book Value $ 5.61 Price/Book 1.08
Shrs Out 7.50 Mil Cash $ 5.73 ROE (TTM) -29.71 %
Float 3.00 Mil Rev (TTM) $ 0.61 ROA (TTM) -22.05 %
Mon. Vol 2.84 Mil Curr. Ratio 40.33
Beta NA LT Dbt/Eqty 0.00
BRIEF: FASH engages in the marketing and sale of fashion,
apparel, footwear, beauty and related lifestyle products
over the internet. FASH is a centralized site for retailers,
manufacturers, magazines and catalogs to advertise, display
and sell their product lines. For the 6 months ended
6/30/99, revenues totaled $1.7M, up from $841K. Net loss
totaled $4.4M, up from $81K. Results reflect increased
industry acceptance, offset by a compensation charge.